Assume the economy in a given nation is going to be good (P = 0.55) and bad (P = 0.45). Two alternatives exist: Invest in stock -- pay off is 16,000 (good) and 1,000 (if bad). Invest in bonds: Payoff (2000 if good); 12,000 if bad. How much should this decision maker be willing to pay for perfect information? t $9,250 $14,200 $4,950 $5,400