Question: An individual has a utility function U(W) = VW, where W is the level of wealth. They have been offered a gamble with a payout

An individual has a utility function U(W) = VW,

An individual has a utility function U(W) = VW, where W is the level of wealth. They have been offered a gamble with a payout of 170 with a probability of 0.74 and a payout of 49.7 with a probability of 1-0.74. The Certainty Equivalent of this gamble is

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