Question: please answer fast Problem 3 (4 points) For the utility function u(x) = (1+0.1xe-2x), determine the following for the lottery (0.7, 0.3, 0.1). (i) Expected

please answer fast

Problem 3 (4 points) For the utility function u(x) = (1+0.1xe-2x), determine the following for the lottery (0.7, 0.3, 0.1). (i) Expected consequence (a) (ii) Certainty equivalent (2) (iii) Risk premium (RP) (iv) Insurance premium (IP)

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