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million Would vou take the sure $0.9 million or the gamble? If vou chose the sure $0.9 million, would that indicate that you are a

image text in transcribed million Would vou take the sure $0.9 million or the gamble? If vou chose the sure $0.9 million, would that indicate that you are a risk averter or a risk seeker? stock that has a 50-50 chance of being worthless or worth $2,250,000 at the end of the year. entered as 250,000 . Round your answer to two decimal places. $ % 3. Would you invest in the bond or stock? -Selectvour answer to two decimal places. If no exact answer can be obtained, enter 0 . % stocks has the same return characteristics as the one stock - that is, a 50-50 chance of being worth zero or $22,500 at year-end. I. Investing in a portfolio of stocks would definitely be a deterioration over investing in the single stock. II. Investing in a portfolio of stocks would definitely be an improvement over investing in the single stock. III. The situation would be unchanged. Would the correlation between returns on these stocks matter

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