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(1 point) Consider an investment whose future wealth V, in dollars, will follow the continuous uniform distribution Uni f(3000, 4500) Let the utility function be
(1 point) Consider an investment whose future wealth V, in dollars, will follow the continuous uniform distribution Uni f(3000, 4500) Let the utility function be u(x) -r06. (a) Find the expected utility of the future wealth. Elu V) to 4 decimal places (b) Find the certainty equivalent C such u(C)-E[u(VTha is, the amount a rational investor would be willing to accept risk-free instead of entering into the investment. $ (1 point) Consider an investment whose future wealth V, in dollars, will follow the continuous uniform distribution Uni f(3000, 4500) Let the utility function be u(x) -r06. (a) Find the expected utility of the future wealth. Elu V) to 4 decimal places (b) Find the certainty equivalent C such u(C)-E[u(VTha is, the amount a rational investor would be willing to accept risk-free instead of entering into the investment. $
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