Question
An investor has a risk aversion of 4. If he wants to invest all his wealth in the stock market that has a standard deviation
An investor has a risk aversion of 4. If he wants to invest all his wealth in the stock market that has a standard deviation of 16%. What is the implied risk premium of the market? What is the market risk premium if he has a risk aversion of only 2?
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Investing For Women Smart Strategies To Start Investing Now With Confidence Low Risk And Minimal Effort
Authors: Mike Hartley ,Hannah Rosenstein
1st Edition
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