Question: If a perfect timer can earn $ 1 0 . 0 0 , while another investor with the same investment opportunities guesses the bull markets

If a perfect timer can earn $10.00, while another investor with the same investment opportunities guesses the bull markets 75% of the time and the bear markets 65% of the time, what is thatinvestors likely dollar return? the correct answer is $3.50 but not sure how they got that answer.

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