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Business, 12.06.2021 22:00 bludragonfly33

7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that she is considering rebuilding and selling. She estimates a 0.2 probability that she will gain 15% on the deal, a 0.2 probability that she will gain 10%, and a 0.6 probability that she will gain 5%. Liqin's expected return for fixing up and selling the Corvette is %. a. 8 b. 11 c. 20 d. 30

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7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a b...
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