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Help solve The two questions are 1. How much is Pooja willing to pay for the theft insurance ? Round answer to two decimals 2.

Help solve The two questions are 1. How much is Pooja willing to pay for the theft insurance ? Round answer to two decimals 2. What is pooja's risk premium ?

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Pooja owns a diamond ring worth $3600. She has no other assets There is a .05 probability that the diamond ring is stolen. Lynn's utility function is U(W) = w12

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