Mathematics, 22.08.2019 18:10 death2833
Suppose that mary's utility function is u(w) = w0.5, where w is wealth. she has an initial wealth of $100. how much of a risk premium would she want to participate in a gamble that has a 50% probability of raising her wealth to $119 and a 50% probability of lowering her wealth to $79? mary's risk premium is $ nothing. (round your answer to two decimal places)
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Suppose that mary's utility function is u(w) = w0.5, where w is wealth. she has an initial wealth of...
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