Q4 12 Points Please use the below information to answer Questions 4.1 and 4.2. . Tom is about to decide to invest his saving. One of his friends suggested him to invest in a stock that has a 50% chance of winning $40,000 and a 50% chance of losing $12,000. His another friend recommends a safe investment with a guaranteed outcome of $10,000. Tom Feels indifferent with both investments based on his preference. Q4.2 10 Points Considering Tom expressed indifference for the lottery of having p% chance of winning $40,000 and p% chance of losing $12,000 with 5 guaranteed outcomes presented in the below table, calculate utility for their guaranteed amounts of $24,000, $16,000, $0, $-5000, and $-8000. Note: in this scenario $-12,000 and $40,000 are the worse and the best outcome. Associate utilities of 1 and 10 for $-12,000 and $40,000, respectively. Guaranteed amount indifference probability (p) 24,000 0.8 16,000 0.75 0 0.55 -5000 0.4 -8000 0.25 You can choose to type up your answers in the textbox below or upload a pdf/image file of your handwritten response