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DEVON COOMBS
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Exams
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Test 3 Practice
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Law 7: The Only Worthwhile Risks Command Incremental Expected Rewards
Test 1 Practice
Test 1
100
Test 2 Practice
Test 2
130
Test 3 Practice
Test 3
120
Options & Derivatives
Test 4
40
Capital Structure Theory
Test 5
40
Working Capital Management
Test 6
20
Personal Finance & FIRE
Test 7
50
Chapters
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1/32
Essential
A bet has a 30% chance to win $10,000, a 30% chance to win $0, and a 40% chance to incur a $10,000 loss. What is the expected value (EV)?
Tip: Right-click (or long-press) an option to cross it out.
A
+$1,000
B
-$1,000
C
+$3,000
D
-$4,000
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