(1 pt) An investor is asked to consider a possible risky The payoff X is the amount 0 with probability 2, and the amount 4 with probability The investor is then asked: what risk-free (certain) payoff C is equivalent to the risky payoff X? (She answers a risk-free payoff of C = 2 is equivalent to X Find the values of the parameters c, a, in the form U(r) = ar' + C such that the three conditions U(0) = 0, 112) = EU(X)] and U(4) = 4 are satisfied. Would you characterize this investor as risk-averse of risk-loving? This investor is risk (type the appropriate word in lower case)