Suppose you have a 40% chance of making $30 and a 60% change of making $70. If your Utility Function = Square Root of I

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answerhappygod
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Suppose you have a 40% chance of making $30 and a 60% change of making $70. If your Utility Function = Square Root of I

Post by answerhappygod »

Suppose you have a 40% chance of making $30 and a 60% change of making $70. If your Utility Function = Square Root of Income, what is your Risk Premium?
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