Question: Under the same assumptions as those covered in class,solve for the optimal consumption and optimal trading strategy for the case u(c) = 4c/y and

Under the same assumptions as those covered in class,solve for the optimal

 

Under the same assumptions as those covered in class,solve for the optimal consumption and optimal trading strategy for the case u(c) = 4c/y and u(x) = 2x/7. Hint: consider the form V(t, x) = f(t)x/y

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