An imperfect forecaster correctly predicts 57% of all bull markets and 63% of all bear markets.If the imperfect forecaster is able to charge a fee of $75,000,the fee that a perfect forecaster should charge is _________.
A) $75,000
B) $150,000
C) $208,333
D) $625,000
E) $375,000
Correct Answer:
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