To start off, suppose that your instructor would flip a fair coin, and that if it came up heads, you would win $1 million. If it came up tails, you would win $0. Talk among your group to determine which of the following amounts you would take instead of this gamble: $100,000; $250,000; $400,000; $500,000; $650,000. Write down on your sheet which of these amounts you would accept, and which you would not accept. Select one person to explain which ones you picked, and about 2 sentences of the reasons why. (It is okay for multiple groups to have the same reason.) In the next part of this activity, you will analyze a client's portfolio. Your client is looking for two stocks with the following characteristics: A purchase price of $150 per share, an expected annual rate of return of 10% on both, a variance of 0.0225 on both, and when you purchase one share of both stocks, you get a guaranteed return of $30 over the next year. Can you find the covariance of X and Y? When you turn in your sheet today, remember to hav