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An investor??s utility function is ????(????) = ?????. He has an initial wealth of $140,000 and faces a potential loss of $100,000 with 1%. a)
An investorâ??s utility function is ????(????) = ?????. He has an initial wealth of $140,000 and faces a potential loss of $100,000 with 1%. a) Calculate the maximum premium that he is willing to pa 1 answer
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