Nicole Nelson has come into an inheritance from her grandparents. She is attempting to decide among several investment alternatives. The return after one year is dependent primarily on the average market condition during the next year. The various investment alternatives plus their returns ($100, 000s) given the possible five market conditions are shown in the following table: Nicole, with the help of a financial newsletter and some electronic based research, has been able to assign probabilities to each of the possible market conditions during the next year as follows: a. What would be the probability of steady market condition for the next year? b. Select the best decision based on expected value. c. Compute the expected value of perfect information, and explain its meaning