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4. A portfolio has the expected return of 15% and standard deviation 30%. The risk-free rate in the market is 5%. Now there is a

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4. A portfolio has the expected return of 15% and standard deviation 30%. The risk-free rate in the market is 5%. Now there is a mean-variance risk averse investor, with utility function defined as U=E(r)0.5A2. Suppose now, her risk aversion coefficient is 3. Will she invest in this portfolio or not? And if her risk aversion coefficient decreases to 2 , will she invest

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