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Jane Street Interview Question

Jane StreetAssistant Trader Interview

If you can toss 4 coins and get 1 dollar for 1 head, 2 dollars for 2, 3 for 3 and 4 for 4. How much are you willing to pay for this game? If you are given an option that you can choose to toss the 4 coins again after the first toss, how much are you willing to pay now?

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