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An investor is indifferent between investing 30% and 120% in a risky portfolio with E(r)=12% and standard deviation of 25% and a risk free T-bill
An investor is indifferent between investing 30% and 120% in a risky portfolio with E(r)=12% and standard deviation of 25% and a risk free T-bill yielding 3%. What is the investors risk aversion?
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