What is the expected return on this? gamble

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It costs $100 to enter the following game of chance based on the outcome of a coin toss? (fair coin). If the coin comes up? 'heads,' you walk away with $165. However, if the coin comes up? 'tails,' you walk away with ?$65. What is the expected return on this? gamble?

The expected return on this game is ? round to two decimal places

Reference no: EM131830203

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