"I have a box that either has zero or $100 inside. Each outcome has a 50% probability. It costs $20 to open it and find out. I only have $10 so I need someone to invest another $10 with me.
If there is nothing inside the box, we both get zero. In the event that there is $100 inside the box, how much of the $100 would you require as your return for you to want to invest with me?"
Thoughts?
If you could fill out your expected return in this poll that would be great (https://www.surveymonkey.com/r/HFQ7MYQ). I am trying to figure out what a "consensus" fair value price would be.
Thanks!
Submitted April 01, 2019 at 10:45PM by LocalKing https://ift.tt/2TKYJwB
