Q$1)$ Problem $2\mathrm{.}7$ page $80$

Q$2)$ Problem $3\mathrm{.}1$ P$100$

Q$3)$ Problem $3\mathrm{.}12$ P$102$

Q$4)$ Problem $4\mathrm{.}1$ P$121$

Q$5)$ Problem $5\mathrm{.}5$ P$152$

Q$6)$ A consumer has an initial wealth of $160,000$ is subject to a fire risk. There is a $5$ percent probability of a major fire with a loss of $70,000$ and a $5$ percent probability of a disastrous fire with a loss of $120,000.$ Her utility function is $U(W)=W^{0\mathrm{.}5}.$ she is offered an insurance policy with the deductibility provision that she bears the first $7620$ of any fire loss. What is the maximum premium $R$ that she is willing to pay for this policy?