Question: Please provide all the answers and please write clearly. 3 Question 3 ( 10 ) Consider the utility ( of - wealth ) function

Please provide all the answers and please write clearly.

Please provide all the answers and please write clearly. 3 Question 3

3 Question 3 ( 10 ) Consider the utility ( of - wealth ) function " ( W ) = 1 - exp ( W/ 2 / 2 ) . Find the expression for it's coefficient of absolute risk aversion ( CARA ) ,` - U " ( W )| "'l WY . Is a decision maker ( DM ) with this utility function risk - averse or not

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