> My watch is worth $ | 00.There is a 25% chance that it will be stolen

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> My watch is worth $ | 00.There is a 25% chance that it will be stolen from the locker room when | play racquetball. My utility is given by U = M1/2.What is the certainty equivalent value of taking this gamble

Posted Date: Jun 23, 2024 09:00 AM

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> My watch is worth $ | 00.There is a 25% chance that it will be stolen

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