You and your friend Mandeep have two investment opportunities. The first offers a potential return of $5,000 and a potential loss of $5,000 , each with a 50% chance of occurring. The second offers a potential return of $6,000 and a potential loss of $5,000, each with a 50% chance of occurring. You decide to invest in the second opportunity, but Mandeep passes on both. This suggests that:
a. There is no investment that would interest Mandeep.
b. Mandeep is more risk averse than you are.
c. Mandeep will never accept a bet with a 50% chance of losing.
d. Mandeep is more rsk neutral than you are.