Eli is considering investing $10,000 in a suntan lotion company or in an umbrella company. If...

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Eli is considering investing $10,000 in a suntan lotion company or in an umbrella company. If it is a rainy year, and he invests only in the suntan lotion company, he will lose $5,000. However, if it is a rainy year, and he invests only in the umbrella company, he will earn $10,000. If it is a sunny year, and he invests only in the suntan lotion company, he will earn $10,000. However, if it is a sunny year, and he invests only in the umbrella company, he will lose $5,000. There is a 50% chance of a sunny year and a 50% chance of a rainy year. O a gain of $2,500 a loss of $2,500 O a gain of $10,000 to break even Eli is considering investing $10,000 in a suntan lotion company or in an umbrella company. If it is a rainy year, and he invests only in the suntan lotion company, he will lose $5,000. However, if it is a rainy year, and he invests only in the umbrella company, he will earn $10,000. If it is a sunny year, and he invests only in the suntan lotion company, he will earn $10,000. However, if it is a sunny year, and he invests only in the umbrella company, he will lose $5,000. There is a 50% chance of a sunny year and a 50% chance of a rainy year. O a gain of $2,500 a loss of $2,500 O a gain of $10,000 to break even

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