9.2 In Problem 8.5, Ms. Fogg was quite willing to buy insurance against a 25 percent chance of losing $1,000 of her cash on her around-the-world trip. Suppose that people who buy such insurance tend to become more careless with their cash and that their probability of losing $1,000 rises to 30 percent. What is the actuarially fair insurance premium in this situation? Will Ms. Fogg buy insurance now? (Note: This problem and Problem 9.3 illustrate moral hazard.)