=+11. A moderately risk-averse investor has 50 percent of her portfolio invested in stocks and 50 percent
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=+11. A moderately risk-averse investor has 50 percent of her portfolio invested in stocks and 50 percent in riskfree Treasury bills. Show how each of the following events will affect the investor’s budget line and the proportion of stocks in her portfolio:
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Related Book For 
Microeconomics
ISBN: 9781292081977
8th Global Edition
Authors: Robert S. Pindyck, Daniel L. Rubinfeld
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