Assume that the individual is a risk lover. The individual can purchase a gamble with a 0.01 probability of winning $10,000. Assume the person has an annual income of $10,000. What is the actuarial...

Assume that the individual is a risk lover. The individual can purchase a gamble with a 0.01 probability of winning $10,000. Assume the person has an annual income of $10,000. What is the actuarial value of the gamble? Show graphically why the person would rather gamble than not, and explain your answer.