Problem 8 Intro An investment offers the following payoffs in one year with the corresponding probabilities: Probability Payoff 0.4 40 0.25 100 0.2 80 0.15 200 The interest rate on one-year Treasuries is 3%. - Attempt 1/3 for 10 pts. Part 1 What is the expected payoff of the investment? 0+ decimals Submit Part 2 | Attempt 1/3 for 10 pts. What current price would make this investment a fair bet? 0+ decimals Submit Part 3 - Attempt 1/3 for 10 pts. If the investment initially costs $80, what is the expected return? 3+ decimals Submit