The v ariable ( A) in the utility formula represents the: a. Investors return requirement. b. Investors

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The v ariable ( A) in the utility formula represents the:

a. Investor’s return requirement.

b. Investor’s aversion to risk.

c. Certainty equivalent rate of the portfolio.

d. Preference for one unit of return per four units of risk.

 LO.1

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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