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05 '| Point ndrew's current wealth is $100,4300. He faces a 25% chance of losing his automobile worth 3523,1303. Suppose also that Andrew's utility,r function
05 '| Point ndrew's current wealth is $100,4300. He faces a 25% chance of losing his automobile worth 3523,1303. Suppose also that Andrew's utility,r function is 111 3:. What is the maximum amount ndrew will be willing to pay for the full insurance? Round your answer to the whole number (Example: 12345}
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