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Answer:
$250
Step-by-step explanation:
Calculation to determine the expected value per policy sold
Expected value per policy sold =$600-(1/50)*$5,000-(1/100)*$10,000-(1/200)*$30,000
Expected value per policy sold =$600-$100-$100-$150
Expected value per policy sold =$250
Therefore the expected value per policy sold will be $250