Find the Expected Value

Multiple Choice

Find the expected value.
-You are given 12 to 1 odds against drawing two hearts when two cards are selected at random from a standard deck of 52 cards (with replacement of the first card before the second card is drawn) .
This means that you win $12 if you succeed and you lose $1 if you fail. Find the expected value (to
You) of the game. Round to the nearest cent.

A) -$0.19
B) $0.19
C) -$0.92
D) $2.25