You think that your chance of getting a well-paid job in an investment bank is about 9 per cent. If you get the job you will have a starting salary of $70,000 per year. However, if you don't make the cut then you will work at a fast food outlet for $40,000 per year. What is your expected starting salary? (to the nearest dollar)

Select one:

a.$42700

b.$67300

c.$70000

d.$40000