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Bob is considering an investment of $ 1 0 , 0 0 0 in a project that will result in either a gain of $

Bob is considering an investment of $10,000 in a project that will result in either a gain of $10,000 or a loss of $5,000. Bob's attitude toward risk is well-described by constant relative risk aversion =3. Bob would be willing to make this investment if the probability of success is greater than:
Select one
A. a.80%
B. b.13
C. C.63.7%
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