Multiple Choice
-Jimmy's utility of wealth schedule is given in the table above. Jimmy has a job with a one-third chance of earning $200 and a two-thirds chance of earnings $400. Jimmy's cost of risk is
A) $0.
B) $16.67.
C) $33.33.
D) Jimmy's cost of risk cannot be determined without more information.
Correct Answer:

Verified
Correct Answer:
Verified
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