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You have been offered a business deal. You estimate that there is a 25% chance of making $10000 ; 25% chance of making $5000; a
You have been offered a business deal. You estimate that there is a 25% chance of making $10000 ; 25% chance of making $5000; a 10% chance of making $3000; and 40% chance of making nothing. How much is the maximum should you be willing to pay for this deal
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