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

Posted: Wed Mar 09, 2022 8:35 am

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?