Suppose a person is invited to pay $1,000 for a coin tossing game in which if head is tossed, the person will get back $2,000 while if tail is tossed, the person will get nothing. The coin is assured to be fair. Required: Applying the investment utility equation together with the expected return and the risk in this game, determine the decision with explanation of the person if the person is: i) risk averse, ii) risk neutral, and iii) risk lover.