In the party problem, the following table represents the probabilities, prospects, and u-values for Kim, Mary, and Jane.

In the party problem, the following table represents the probabilities, prospects, and u-values for Kim, Mary, and Jane. Kim 0.4 Jane 0.4 Mary 0.4 {S&} U(x) = 1 U-curve Risk Neutral Risk Neutral 100.00 100.00 Valuing Prospects O-S $ O-R $ P-S $ P-R $ I-S $ I-R $ 100.00 $ $ 90.00 $ 20.00 $ 40.00 $ 50.00 $ 90.00 20.00 40.00 50.00 $ $ $ $ $ $ 95.00 32.00 57.00 67.00 a) Kim's risk Odd for $50 are rso = 2:1. What is her risk tolerance? b) Build a spreadsheet to calculate the Value of Clairvoyance for each person. c) Conduct a sensitivity analysis of the Value of Clairvoyance to the probability of Sun for each person and plot the three-curves on one graph. d) Conduct a sensitivity analysis of VOC to both probability of Sun and the risk aversion coefficient for Kim. In the party problem, the following table represents the probabilities, prospects, and u-values for Kim, Mary, and Jane. Kim 0.4 Jane 0.4 Mary 0.4 {S&} U(x) = 1 U-curve Risk Neutral Risk Neutral 100.00 100.00 Valuing Prospects O-S $ O-R $ P-S $ P-R $ I-S $ I-R $ 100.00 $ $ 90.00 $ 20.00 $ 40.00 $ 50.00 $ 90.00 20.00 40.00 50.00 $ $ $ $ $ $ 95.00 32.00 57.00 67.00 a) Kim's risk Odd for $50 are rso = 2:1. What is her risk tolerance? b) Build a spreadsheet to calculate the Value of Clairvoyance for each person. c) Conduct a sensitivity analysis of the Value of Clairvoyance to the probability of Sun for each person and plot the three-curves on one graph. d) Conduct a sensitivity analysis of VOC to both probability of Sun and the risk aversion coefficient for Kim