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Vbe1 = Vbe2 + IoRWhat is the output impedance?Vt*ln[Iref/2Is] = Vt*ln[Io/Is] = IoR
Vt*ln[Iref/2Io] = IoR
Iref = 930uA
Io = 150uA
IoRe = 30 mV
Vt*ln[Iref/2Io] = .0258*ln[930/300] = 29.1 mV   close enough
Rout = ro[1 + Re*gm] = ro[1 + ReIc/Vt]VAF = 325V
Ic = 150x10-6
where ro = VAF/Ic = 325/150x10-6 = 2.17 MEG
IcRe = 30 mV
Rout = ro(1+IcRe/Vt) = 2.17(1+30/25) = 4.8 MEG
Recall ReIc / Vt is the number of thermal voltages across Re. One plus this number is the multiplier of ro.