Question: (1 point) Suppose that my utility function is u(w) = 2 (a) If I played one round of the St. Petersburg Lottery, would would my

(1 point) Suppose that my utility function is u(w) = 2 (a) If I played one round of the St. Petersburg Lottery, would would my expected utility bo? Assume I currently have zero wealth, and round your answer to two decimals places. Note that in order to compute my expected utility, you will need to sum a geometric series. Expected Utility utiles (6) Use your rounded answer trom (a) to determine my certainty equivalent for the St. Petersburg Lottery Round your answer to the nearest cont. Certainty Equivalent = $ (1 point) Suppose that my utility function is u(w) = 2 (a) If I played one round of the St. Petersburg Lottery, would would my expected utility bo? Assume I currently have zero wealth, and round your answer to two decimals places. Note that in order to compute my expected utility, you will need to sum a geometric series. Expected Utility utiles (6) Use your rounded answer trom (a) to determine my certainty equivalent for the St. Petersburg Lottery Round your answer to the nearest cont. Certainty Equivalent = $

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=+a. Who is the intended audience?

=+e. What kind of letter is included? Is it fully printed, printed with a computer fill-in of certain specific information, or fully computer typed?