Question: Manon has a utility function U(I) = 27VI, where I is income. She has an investment opportunity where there is a 30% chance of earning

Manon has a utility function U(I) = 27VI, where I is

Manon has a utility function U(I) = 27VI, where I is income. She has an investment opportunity where there is a 30% chance of earning $18500, 50% chance of earning $27800, and a 20% chance of earning $35100. What is the risk premium associated with this investment opportunity? Answer: $

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