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You have the opportunity of making a $200,000 investment. The outcomes one year from now will be either $175,000, $189,000, 210,000, $250,000, or 280,000 with
You have the opportunity of making a $200,000 investment. The outcomes one year from now will be either $175,000, $189,000, 210,000, $250,000, or 280,000 with an equal chance of either outcome occurring. What is the expected outcome?
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