Project A: pays a certain return of 7 percent. Project B: has a 5D percent chance of 21 percent net return and a 5D percent chance of -21 percent net return. Project C: has a 1D percent chance of doubling your assets, and a PH] percent chance of losing everything. Rank the three projects according to which will benet you personally. (5%) {c) How would your ranking change if the assets of the hank were $1,2,[]? {5%) (d) How would your ranking change if the bank's assets were $2,,? {5%) {e) Setting aside questions of morality, if you could abscond with $1m at the cost of losing ownership in the hank, eculld you do it? How does your answer depend on the bank's net worth? {I {3%) {f} If banks are covered by government deposit insurance, why should the government take an active role in closing failed hanks as soon as they can he discovered? Answer with references to examples in this exercise. (10%)