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True/False/Uncertain? Explain. All points are awarded based on the explanation Dumbledore is offered the opportunity to pay $30 to play a game with a 25%

True/False/Uncertain? Explain. All points are awarded based on the explanation Dumbledore is offered the opportunity to pay $30 to play a game with a 25% chance of winning $100. Dumbledore will only refuse to buy the ticket if he is risk averse. (calculate how much he is risk averse by

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