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The following table show different payoffs for project investment decisions that can be made within the economy against different expected state of the economy. Project Investment Options State of nature T. Bills Equity Time deposits High 96 120 56 Modest 64 72 54 Low 24 4 48 Determine what project would be selected if the investor is considered to be i) In the middle of the road ii) Conservative ii) Hates regrets (3 marks) (2 marks)