Suppose that you have the choice of receiving $500 in cash or a gold coin that has a face value of $400. The actual value of the gold coin depends on its gold content. You are told that the coin has a 50% chance of being worth its face value, and a 50% of being worth $600. If you base your decision on expected value, which would you choose?

A.Neither cash nor gold coin.

B.Gold coin.

C.Either cash or gold coin as they have the same expected value.

D.Cash.