Thanks!!

1. Consider a complete one-period financial model, where maturity equals one year and interest rate equals r=0.20. At time 1 , there are 4 possible outcomes {1,2,3,4} that in the physical (real) world have been observed to occur with equal probability 41. An investor has utility function U(X)=X and optimal terminal capital X^1(i)=i2$. Compute the initial capital of this investor. (50 pts)