Solve clearly

Q1.3 1 Point What is the maximum amount Jane would be willing to pay to be fully insured against the loss (in $ thousands)? Round your answer to two decimal points (Example: 10.30) Enter your answer here Q1.4 1 Point Suppose the price of insurance is $2 for $40 of coverage. How much insurance will Jane buy? O 30 O 256 O 220 Q1.5 1 Point Suppose the price of insurance is $2 for $21 of coverage. How much insurance will Jane buy? O 30 O 256 O 220Q1 5 Points Jane owns an art supply store worth $220 thousand. She also has $36 thousand in safe assets. If her store burns down, she will lose $220 thousand. The probability of fire is 0.05. Jane is an expected utility maximizer with u = vw, where w - Jane's wealth. Q1.1 1 Point What is Jane's expected utility? Round your answer to two decimal points (Example: 10.30) Enter your answer here Q1.2 1 Point What is Jane's certainty equivalent ( in $ thousands)? Round your answer to two decimal points (Example: 10.30) Enter your answer here