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Suppose you won the lottery and had two options: (1) receiving $0.6 million or (2) taking a gamble in which, at the flip of a coin, ou receive $1.2 million if a head comes up but receive zero if a tail comes up. What is the expected value of the gamble? Enter your answer in millions. For example, an answer of $500,000 should be entered as 0.5. Round your answer to one decimal place. $ D. Would you take the sure $0.6 million or the gamble? c. If you chose the sure $0.6 million, would that indicate that you are a risk averter or a risk seeker? d. Suppose the payoff was actually $0.6 million-that was the only choice. You now face the choice of investing it in a U.S. Treasury bond that will return $654,000 at the end of a year or a common stock that has a 5050 chance of being worthless or worth $1,380,000 at the end of the year. 1. The expected profit on the T-bond investment is $54,000. What is the expected dollar profit on the stock investment? Round your answer to the nearest dollar. $ 2. The expected rate of return on the T-bond investment is 9%. What is the expected rate of return on the stock investment? Round your answer to the nearest whole number. (3) \% 3. Would you invest in the bond or stock? 4. Exactly how large would the expected profit (or the expected rate of return) have to be on the stock investment to make you invest in the stock, given the 9% return on the bond? Round your answer to the nearest whole number. If no exact answer can be obtained, enter 0 . (3) %