You are considering a risky investment that you expect will either be worth 255,000 in 1 year, or 105,000, with probabilities of 0.45 and 0.55 for each outcome, respectively. You could invest in riskless T-bills at 0.043. If you invest in this risky investment, you would expect to earn a risk premium of 0.11

Given this information, what would you be willing to pay for this investment?

Group of answer choices

154,681

149,610

158,227

163,882

144,538