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Diego has exist6, 400. He plans to bet on a soccer game. Team A is a favorite to win. Assume no ties can occur. For

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Diego has exist6, 400. He plans to bet on a soccer game. Team A is a favorite to win. Assume no ties can occur. For exist0.80 he can buy a ticket that will pay exist1 if team A wins and nothing if B wins. For exist0.20 he can buy a ticket that pays exist1 if team B wins and nothing if A wins. Diego thinks the two teams are equally likely to win. He buys tickets so as to maximize the expected value of In W (the natural log of his wealth). After he buys his tickets, team A loses a star player and the ticket price moves to exist.50 for either team. Diego buys some new tickets and sells some of his old ones. The game is then played and team A wins. How much wealth does he end up with

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