Q1 (Please answer all parts) Consider the following utility functions, whereWis wealth:

a. U(W) = W²

b. U(W) =?1/W?

c. U(W) = -W

d. U(W) = W

e. U(W) = ln(W)

f.U(W)=????w^1-y/1-y with y = 2

How likely are each of these functions to represent actual investor preferences? Why?

Q1 (Essential to cover a, b, d, e) Consider the following utility functions, where Wis wealth: a. U(W) = W2 b. U(W) = _ c. U(W) = -W d. U(W) = W e. U(W) = In(W) f. U(W) = Wi-y 1-y with y = 2 How likely are each of these functions to represent actual investor preferences? Why