If you were to gamble on whether a company will complete its IPO. and you can structure your bet of $2M so the profit/loss can be summarized as following table. Assume the probability that the company will complete its IPO is 0.5. Answer the following question. What is the expected profit, if you bet on 'Complete'? What is the expected profit, if you bet on ' Withdrawn'? If you can only bet one side (either 'complete' or 'withdrawn'), what will you do to maximize your expected profit? What are the variance and standard deviation for the profit if you bet on 'Complete'? What is you bet on 'Withdraw'? If you can only bet one side (either 'complete' or 'withdrawn'), what will you do to minimize your risk