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4. Resolve the portfolio allocation problem from question 1, above, assuming that instead of taking the logarithmic form, the investor's Bernoulli utility function is taking
4. Resolve the portfolio allocation problem from question 1, above, assuming that instead of taking the logarithmic form, the investor's Bernoulli utility function is taking note on the minus sign out in front of the expression on the right-hand side. Which investor is more risk averse: the investor from question 1 or the investor from question 3? Which investor allocates more of his or her wealth to stocks?- 4. Resolve the portfolio allocation problem from question 1, above, assuming that instead of taking the logarithmic form, the investor's Bernoulli utility function is taking note on the minus sign out in front of the expression on the right-hand side. Which investor is more risk averse: the investor from question 1 or the investor from question 3? Which investor allocates more of his or her wealth to stocks
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