Sig

Interview Question

Assistant Trader Interview
Sig

You roll a die and win twice the value of the face if it is even, or the face value if it is odd. What is the fair amount to charge to play this game? If you are given the option to roll again and will only be paid based on the result of the second roll if you choose to roll again (i.e., the result of the last roll), what is the fair charge to play the game with this option?

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