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Hannah faces a random income of $1,600 with probability 3/. and $2,500 otherwise. She has (expected) utility function given by: Ll(m)=/; where m is the

Hannah faces a random income of $1,600 with probability 3/. and $2,500 otherwise. She has (expected) utility function given by: Ll(m)=\\/; where m is the actual income that is realized. Calculate Hannah's risk premium. 0 $625 0 $1600 Q $1,825 Q $19

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