(Note: Choices given in the dropdown list are rounded.) SciTool is now bidding for another contract. From historical data, there's a 15% chance that there are no other firms bidding for the contract. We also know if there are competitors, their bidding prices follow the following distribution. Competitor's bid price $2.6M probability 0.25 0.30 0.3 0.10 0.05 Suppose SciTool bids $1.05M. What is the winning probability of SciTool? [Select] If SciTool wins, they get a payoff of (bid price - $0.5M), while if they lose, they incur a payoff of -0.2M. What is their expected payoff? [Select]