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 4 3 2 U-curve Valuin Pros o-s O-R ects 100.00 90.00 20.00 40.00 50.00 Jane 0.4 Risk Neutral 100.00 90.00 20.00 40.00 50.00 Ma 0.4 Risk Neutral 100.00 95.00 32.00 57.00 67.00 a) b) c) d) Kim's risk Odd for $50 are = 2 : 1 . What is her risk tolerance? Build a spreadsheet to calculate the Value of Clairvoyance for each person. 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. Conduct a sensitivity analysis of VOC to both probability of Sun and the risk aversion coefficient for Kim.