Question: 02 Question (2 points) 1st attempt See page 226 Q See Hint Natalie entered a raffle recently and never checked her tickets. She has

02 Question (2 points) 1st attempt See page 226 Q See Hint Natalie entered a raffle recently and never checked her tickets. She has recently learned the exact number of the other unchecked tickets. Based on this information she knows that there is a 40% chance that she has won the raffle prize of $3,600. If she does not win the raffle her wealth will be zero. Natalie has a von Neumann-Morgenstern utility such that she wants to maximize the expected value of x/c, where c is total wealth. What is the minimum price for which Natalie would sell her raffle tickets? S

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