Question: Suppose the utility function for a risk-averse investor is: = .Consider tossing a coin where you win 16 for heads and 4 for tails. How

Suppose the utility function for a risk-averse investor is: = .Consider tossing a coin where you win 16 for heads and 4 for tails. How much should the game cost so that the risk averse investor is willing to enter?

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