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and a standard Assume an investor with the following utility function: U = E() - 1/2(52) To maximize expected utility, they would choose the asset

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and a standard Assume an investor with the following utility function: U = E() - 1/2(52) To maximize expected utility, they would choose the asset with an expected rate of return of deviation of respectively. 129: 20% 1096; 1596 10%: 10% 89; 10%

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