Problem

At time 0, a coin that comes up heads with probability p is flipped and falls to the groun...

At time 0, a coin that comes up heads with probability p is flipped and falls to the ground. Suppose it lands on heads. At times chosen according to a Poisson process with rate λ, the coin is picked up and flipped. (Between these times, the coin remains on the ground.) What is the probability that the coin is on its head side at time t?

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