Trainee Trader Interview Questions

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$10 bet between you and me. At any time during the game, I can ask to double it. If you accept we both put in another $10 and if you win, you win the $20 and if you lose, you lose it all. If you reject, you lose the initial $10. What is the minimum probability you would take to accept the double?
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Junior Trader

Interviewed at Susquehanna International Group

3.8
May 10, 2020

$10 bet between you and me. At any time during the game, I can ask to double it. If you accept we both put in another $10 and if you win, you win the $20 and if you lose, you lose it all. If you reject, you lose the initial $10. What is the minimum probability you would take to accept the double?

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