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7. You have been given the opportunity below. Using the exponential util- ity function, what is your probability p, given a risk tolerance of $1,000.
7. You have been given the opportunity below. Using the exponential util- ity function, what is your probability p, given a risk tolerance of $1,000. $1,000 ($500) 1 - p7. You have been given the opportunity below. Using the exponential util- ity function, what is your probability p, given a risk tolerance of $1,000. $1,000 ($500) 1 - p
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