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Business, 29.03.2022 17:10 carriboneman

Prufrock is risk averse. His expected utility function is equal to the square root of the wealth. Prufrock inheritated a wealth of $3,500 in risky assets. He knows that with probability 1/4 he will win $100 and with probability 3/4, he will lose $1,000. ty ~

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Prufrock is risk averse. His expected utility function is equal to the square root of the wealth. Pr...
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