The variable ( A ) in the utility formula represents the: a. investors return requirement. b. investors

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The variable ( 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.

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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