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utility: U= W^1/2 1.utility function for wealth between 130 and 720 2. if 77% is 720 and 23% is 130, what is the expected utility?

utility: U= W^1/2

1.utility function for wealth between 130 and 720

2. if 77% is 720 and 23% is 130, what is the expected utility?

3. what is the certainty equivalent?

4. what is the risk premium?

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