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You have been offered a business deal if you invest $50,000. You estimate that there is...

You have been offered a business deal if you invest $50,000. You estimate that there is a 7% chance of making $100,000; 12% chance of making $75,000; a 23% chance of making $90,000; and 77% chance of making $0. How much should you be willing to pay for this deal? Do you think you would actually pay that much? Why or why not? [Show your work]

Math   Statistics-And-Probability   
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