Consider a portfolio that offers an expected rate of return of 7% and a standard deviation of
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Consider a portfolio that offers an expected rate of return of 7% and a standard deviation of 18%. T-bills offer a risk-free 2% rate of return. What is the maximum level of risk aversion for which the risky portfolio is still preferred to T-bills? p-936
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ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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