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Risky Prospect H is defined as: H = ($8, 0.40 ; $13 , 0.60) If my utility of wealth function is given by()= u(x)=xand =0.3,

Risky Prospect H is defined as:

H = ($8, 0.40 ; $13 , 0.60)

If my utility of wealth function is given by()=

u(x)=xand

=0.3, how much expected utility do I receive from prospect H? (What is the value of EU(H)?)

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