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The maximum premium that a risk averse individual will pay for a full policy is equal to: Group of answer choices E(L) - CE [expected

The maximum premium that a risk averse individual will pay for a full policy is equal to:

Group of answer choices

E(L) - CE [expected loss - certainty equivalent]

L [loss]

C [coverage]

CE - RP [certainty equivalent - risk premium]

E(C) [expected coverage]

CE [certainty equivalent]

E(L) [expected loss]

E(L) + RP [expected loss + risk premium]

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