1 Risk I Imagine Jamie has the utility function U(W) = 3. Jamie has $100. Jamie and her roommate choose who pays their internet bill each month with a coin-flip. The internet costs $64. 1.1 What is the expected value of Jamie's cash after the internet bill is paid? 1.2 What is Jamie's expected utility? 1.3 Is Jamie risk averse, risk neutral, or risk seeking? Please explain. 1.4 What risk premium would Jamie pay to avoid bearing the risk of the coin flip to decide who pays for internet