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A portfolio has an expected rate of return of 14% and a standard deviation of 15%. The risk-free rate is 5%. An investor has the

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A portfolio has an expected rate of return of 14% and a standard deviation of 15%. The risk-free rate is 5%. An investor has the following utility function: U = E(r) - 0.005A02. Which value of A makes this investor indifferent between the risky portfolio and the risk-free asset? 4 5 6 7 8

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