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I need the solutions to this problem. Suppese yea won the hattery and had twa ontions: (1) receiving 30.2 millen or (2) takang a gamble

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I need the solutions to this problem.
Suppese yea won the hattery and had twa ontions: (1) receiving 30.2 millen or (2) takang a gamble in which, at the fip of a coin, you receive so.4 millon if a head cemes up trit receive zero if a tail cornes up. a. What is the expected value of the gamble? Enter your answer in millians. For example. an answer of 5500,000 should be entered as 0.5. Round your answer to one decimai place 5 Q) million b. Would you take the sure $0.2 million or the gamble? C. If you chose the sure so. 2 milion, would that indicate that you are a risk averter or a risk seekar? d. Suppose the payoff was actualiy $0.2 million - that was the anly chaice. You now face the choice of investing it in a u.S. Treasury bond that will refurn 1214.000 at the end of a year of a common stock that has a 5050 chance of being worthless or worth $420.000 at the end of the year. 1. The expected profit on the T-bond investment is $14,000, What is the expected dollar profit on the stock investment? Round your anawer to the nearest doifar. s. 2. The expected rate of return on the T-bond investment is 7 W. What is the expected rate of return on the stock lavestment? Round your answer to the nearest whole nambet. (3) 3. Would you invest in the bond or stock? 4. Exactly fow large would the expected peafit (or the expected rate of retum) have to be on the stock investment to make youl invest in the stock, given the fes feturn on the band? Round your answer to the nearest whole number, If no exact answer can be obtained, enter 0

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