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Betty invests $15,000 in an asset. There is a 50% probability that the asset will generate a cashflow of $15,000 at the end of Year 1. If the Year 1 cashflow occurs, there is a further 50% probability of receiving an additional $15,000 cashflow at the end of Year 2. Assuming a 5% discount rate, what is the expected return of the asset today?

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