Malik is considering investing $900 in a certain company. Financial advisors forecast that there is a 30% chance that the stock will increase in value by 150%, a 50% chance that he will lose his initial investment, and a 20% chance he will neither gain nor lose money. Should Malik make the investment, and what is the expected value of the investment?
a) Yes, the expected value is -$45.
b) No, the expected value is -$45.
c) Yes, the expected value is $855.
d) No, the expected value is $855.