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Girl Paper Doll with Princess Dresses Paper crafts r carries goods worth SEK 1,000,000 and that the probability of it breaking loose during a stormy night is 0.001 if there is no one on watch. If there is a guard on duty the risk is 0.0001. If the ship breaks loose there is a 50 % risk that all goods are destroyed, 30 % risk that half of the goods are destroyed and 20 % chance that no goods are damaged. Moreover, the damage to the ship if it breaks loose is estimated to SEK 10,000,000. If the ship's owner applies the Hand rule, how much would he be willing to pay the guard to avoid liability (assuming no other costs/possible damages)