In this problem please round your answers totwo decimalsand enter thecorrect sign(e.g., -123.98 or +45.76).

Consider an individual with a quadratic utility function (U(W) = 8*W²) and wealth of 10 euros. This individual is playing a complex game G, where with 50% chance her wealth decreases to 4 euros, 40% chance it stays the same at 10 euro, and 10% chance the wealth increases to 30 euros.

Calculate thecertainty equivalence of wealthvalue for W