Question: 1-b. What is the optimum decision and Expected Value (EV)? 1-c. If your risk tolerance is $0.5 million, what is the optimum decision and EV

1-b. What is the optimum decision and Expected

1-b. What is the optimum decision and Expected Value (EV)? 1-c. If your risk tolerance is $0.5 million, what is the optimum decision and EV

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