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8. The utility function of an entrepreneur who holds a Fintech is U=w2 (w is total wealth). There are 80% chances that next year, the
8. The utility function of an entrepreneur who holds a Fintech is U=w2 (w is total wealth). There are 80% chances that next year, the company to worth 7,000 euro and 30% to worth nothing. The entrepreneur holds 1,500 euro in a bank savings account. What is the lowest price at which the entrepreneur will agree to sell the company? 8. The utility function of an entrepreneur who holds a Fintech is U=w2 (w is total wealth). There are 80% chances that next year, the company to worth 7,000 euro and 30% to worth nothing. The entrepreneur holds 1,500 euro in a bank savings account. What is the lowest price at which the entrepreneur will agree to sell the company
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