Question: f29 Manon has a utility function U(T) 13VT, where is income. She has an investment opportunity where there is a 40% chance of earning 512000,
f29 Manon has a utility function U(T) 13VT, where is income. She has an investment opportunity where there is a 40% chance of earning 512000, 30% chance of earning $20300, and a 30% chance of earning $34100. What is the risk premium ante with this investment opportunity? Answer: $ (DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER. ENTER YOUR RESPONSE ROUNDED TO 2 DECIMAL PLACES, AND NO SEPARATOR FOR THOUSANDS.)
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