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Q1 5 Points Jone owns an art supply store worth $220 thousand. She also has $36 thousand in safe assets. If her store burns down,

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Q1 5 Points Jone owns an art supply store worth $220 thousand. She also has $36 thousand in safe assets. If her store burns down, she will lose $220 thousand. The probability of fire is 0.05. Jone is on expected utility maximizer with u = vir, where w - Jane's wealth. Q1.1 1 Point What is Jane's expected utility? Round your answer to two decimal points (Example: 10.30) Enter your answer here Q1.2 I Point What is Jane's certainty equivalent ( in $ thousands)? Round your answer to two decimal points (Example: 10.30) Enter your answer here

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