4 ms·
I do not have great math skills, but wouldn't the security have an expected value of $33.33 because of 1,200 * 1/6 * 1/6?
by jerry1979 6y ago
I do not have great math skills, but wouldn't the security have an expected value of $33.33 because of 1,200 * 1/6 * 1/6?
- deleted 6y ago[deleted]
- rahimnathwani 6y agoSorry, you are correct. I updated my comment and replaced the $1200 with $3600. The math works now.