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SIG Interview Question

SIGEquity Research Associate Interview

I own a property and what to have it surveyed for resources. 10% chance oil will be found, in which case the property is worth $1 million 30% chance Coal will be found, in which case the property is worth $500 thousand and if no resources are found, property can be sold for $200,000, What is the value of this property?

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Disclaimer: We are not affiliated with SIG in any way. This question is sourced from interviewees and public sources and may not be accurate or reflective of the company's actual interview process.