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6. (+2) Suppose that the happiness, or utility, associated with additional wealth w, is u(w)V, and consider two investments: Investment 1 produces S0 with probability 0.5 and $1000 with probability 0.5. The second produces $500 with probability 1. Which investment provides greater utility, in expectation?

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6. (+2) Suppose that the happiness, or "utility", associated with additional wealth w, is u(w)V, and...
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