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A portfolio has an expected rate of return of 0.15 and a standard deviation of 0.12. The risk-free rate is 8%. An investor has the

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A portfolio has an expected rate of return of 0.15 and a standard deviation of 0.12. The risk-free rate is 8%. An investor has the following utility function: U = E(1) - (A/2js2. Which value of A makes this investor indifferent between the risky portfolio and the risk-free asset Select one: O a. 7.3 O b. 10.5 O c. 8.0 O d. 6.1 @e: 9.7

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