An investor has initial wealth W=$2 and considers participating in a flipping-the-coin lottery: 50% chance of winning $1 and 50% chance of losing $1. Her preferences are described by the utility function u(w)=W. Using this information, compute the following: a) The degree of absolute risk aversion ARA b) The degree of relative risk aversion RRA c) The expected value of the lottery E[L] d) The variance of the lottery Var[L] e) The expected value of final wealth E[W]| f) The utility evaluated at expected final wealth u(E[W]) g) The expected utility E[u(W)] h) The certainty equivalent level of wealth WCE i) The Markowitz risk premium .