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You have an apartment that you want to sell it. If you sell it now, you can sell successfully at a price of MOP 5,000,000. If you sell it one year later, there is 80% of chance that you can sell successfully at a price of MOP 4,500,000 and 20% of chance that you can sell successfully at a price of MOP 6,000,000. Based on expected payoff, should you sell your apartment now or one year later? Select one: o A. Sell it one year later O B. Cannot be determined because of the limited information O C. There is no different between selling it now or one year later. D. Sell it now
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