QUESTION 6 The following is a payoff table giving profits for various situations.  ​ State 1 State 2 State 3 Probability 0.4 0.35 0.25 Alternative 1 45 37 83 Alternative 2 16 59 72 Alternative 3 23 65 91 Alternative 4 44 33 55 If a person were to use the expected monetary value criterion, what decision would be made?

1. If the value of sustainable investing is $101.6 and the discount rate is 9.4% while the value of non-sustainable investing is $39.2 and the company has a 29.1% probability of being sustainable. What is the expected value today of the company given a 19 year horizon? (Answer to 2 decimal places in $). 2. If the value of sustainable investing is $78.8 and the discount rate is 8.1% while the value of non-sustainable investing is $39.02 and the expected value of the company is $37.63. What is the assumed probability of being sustainable given a 9 year horizon? (Answer in percent to 2 decimals)      ( explain all question with proper answer.)

K There is a 0.9986 probability that a randomly selected 32-year-old male lives through the year. A life insurance company charges $189 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit. Complete parts (a) through (c) below. a. From the perspective of the 32-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving? The value corresponding to surviving the year is $ The value corresponding to not surviving the year is $ (Type integers or decimals. Do not round.)

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