Suppose that Jimmy and Zenda each have $400 and are offered a business investment opportunity that involves committing the entire $400 to the project. The project could return $600 (a profit of $200) with a probability of 0.85 or $200 (a loss of $200) with a probability of 0.15. Who goes for the project and who hangs on to the initial $400?
Use the following table, which shows Jimmy's and Zenda's utility of wealth schedules

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Wealth Jimmy's utility Zenda's utility 100 200 300 400 500 600 700 200 300 350 375 387 393 396 512 640 672 678 681 683 684