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A portfolio has an expected rate of return of 0.15 and a standard deviation of 0.15. The risk-free rate is 6%. An investor has the

A portfolio has an expected rate of return of 0.15 and a standard deviation of 0.15. The risk-free rate is 6%. An investor has the following utility function: U = E(r) 0.5A2squared. Which value of A makes this investor indifferent between the risky portfolio and the risk-free asset? 5, 6 , 7, 8

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