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Consider a gamble with the following payoffs X=$20$40$60p=20%p=15%p=65% Compute the certain equivalent of X assuming your utility function is u(x)=ln(x)

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Consider a gamble with the following payoffs X=$20$40$60p=20%p=15%p=65% Compute the certain equivalent of X assuming your utility function is u(x)=ln(x)

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