Can you please help me solve the following question? For part a, I believe I have to solve the expected utility of each investment. I solved for the expected value, but I don't think it is correct because there is a utility function provided as well. The expected value that I got for Investment 1 was $35 and the Expected Value for Investment 2 was $10.

Practice Juestion Modied 1 A) Investor X is a risk averse expected utility maximizer. He has the following Bernoulli utility lnction U (x) = y / x Investor Y is the same as Investor X, but he does not have a precise utility function. There are two investment opportunities with uncertain outcomes: Investment 1 is a coin toss: the payoff can be either Y1 or Y2 dollars, each with probability 1/2. Investment 2 is a roll of a fair six-sided die, and the payoff is Y3 dollars times the number that lands face up (1; 2; 3; 4; 5 or 6). Assume initial wealth is zero (for simplicity)