Business, 30.03.2020 17:51 vanessajimenez361
You have a choice of receiving $1000 in cash or recieiving a beautiful painting from your grandmother. The actual value of the painting is uncertain. You are told that the paining has a 20% chance of being worth $2000, and a 50% chance of being worth $1000 and a 30% chance of being worth $500. What should you do
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You have a choice of receiving $1000 in cash or recieiving a beautiful painting from your grandmothe...
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