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How much would you pay to play this game? You have a fair coin. You get heads you win $1 and can continue to play. You get tails, you collect your winnings ans stop the game. Second question. Now what if the winnings double each time you get heads.
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Quantitative Analyst

Interviewed at Knight Capital

3.4
Jul 21, 2012

How much would you pay to play this game? You have a fair coin. You get heads you win $1 and can continue to play. You get tails, you collect your winnings ans stop the game. Second question. Now what if the winnings double each time you get heads.

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