A tourist traveling with $10,000 in cash. At the hotel, he is informed that he has a one in two chance of being robbed during the night. The hotel has a safe, which costs $ 2000. Hence the tourist is facing the following gamble, x = ($10,000,0$; 0.5, 0.5) or ending up with a net worth of $8000 with certainty. Assume that the tourist's utility function is U(W) = w1/4 What is the risk premium associated with the gamble? $4,375 $50 $2,500 $5,000 $0