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16 Selwyn has a utility function of the form uW=(W^(1-x))/(1-x), where x=0.7. Calculate Selwyn's coefficient of relative risk aversion when his wealth is equal to
16 Selwyn has a utility function of the form uW=(W^(1-x))/(1-x), where x=0.7. Calculate Selwyn's coefficient of relative risk aversion when his wealth is equal to 100
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
