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6. On the basis of the utility formula below, which investment would you select if you were risk averse with A = 4? Standard deviation

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6. On the basis of the utility formula below, which investment would you select if you were risk averse with A = 4? Standard deviation Investment Expected return E(1) 0.12 0.30 2 0.15 0.50 0.21 0.16 0.24 0.21

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