Assume Lee's utility is a function of his income. It takes the form of U(w) = (w2 + 4). A fair coin is tossed. If it comes up heads, then Lee will be paid $6, otherwise he will be paid $0. 1) What is the expected value of the coin toss? 2) What is the expected utility of the coin toss if Lee doesn't know what wealth he will have? 3) What utility will Lee have if he knows he will have his expected income with certainty? 4) What is his certainty equivalent? 5) Identify if his utility function indicates that he is risk averse, risk neutral, or risk loving