Peter is currently shorting 150 shares of Exxon Mobil Corp (tic: XOM). The current price of XOM is $31.53. The initial margin is 40.49% and the maintenance margin is 21.75%. The total amount of cash in the brokerage account (sales proceed + initial equity) is $15,010.02. After reading some news, Peter believes that the price of XOM can go to $56.80 with probability 63.08% or to $17.42 with the complement probability. The utility of Peter is: U = w; Compute Peter's CE from the position in XOM. Ignore margin calls. 6,438.08 8,379.15 margin of error +/- 3% Peter is currently shorting 150 shares of Exxon Mobil Corp (tic: XOM). The current price of XOM is $31.53. The initial margin is 40.49% and the maintenance margin is 21.75%. The total amount of cash in the brokerage account (sales proceed + initial equity) is $15,010.02. After reading some news, Peter believes that the price of XOM can go to $56.80 with probability 63.08% or to $17.42 with the complement probability. The utility of Peter is: U = w; Compute Peter's CE from the position in XOM. Ignore margin calls. 6,438.08 8,379.15 margin of error +/- 3%