Business, 13.11.2019 05:31, mega29

How much are you willing to pay to play the following game? you start with $1. you flip a fair coin. if it lands on heads, you double your winnings and flip again. if it lands on tails, the game is over and you collect the money you've won. you continue playing until you land on tails.

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How much are you willing to pay to play the following game? you start with $1. you flip a fair coin...