Question: please help me quickly l will give you a like Consider a security that has a 50% probability of paying $800 and a 50% probability

 please help me quickly l will give you a like Consider

please help me quickly l will give you a like

Consider a security that has a 50% probability of paying $800 and a 50% probability of paying $1,400 next year. The expected value of next year's payoff equals Select one O a $1.200 O b. $1,000 O c. $800 d. $1,100

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