Multiple Choice
Up to what amount would a risk-neutral gambler pay to enter a game where on the flip of a fair coin, if you call the correct outcome the payoff is $2,000?
A) More than $1000 but less than $2000.
B) Up to $2,000.
C) Up to $1,000.
D) More than $1,500.
Correct Answer:
Verified
Correct Answer:
Verified
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