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SIG Interview Question

SIGIntern Interview

20% of the time a painting is real, 80% of the time it is fake. If it is fake you can sell for 10,000 if it's real it's worth 500,000 1. How much is the painting worth? 2. If you could buy the option to buy the painting for 100,000 after you found out if it was real or not, but not an obligation to buy, how much is this option

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