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Ch 5 Risk Aversion Treasury bills are paying a 4.5% rate of return. A risk-averse investor with a risk aversion of A=5.3 will choose to

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Ch 5 Risk Aversion Treasury bills are paying a 4.5% rate of return. A risk-averse investor with a risk aversion of A=5.3 will choose to invest 50% in the optimal risky portfolio with a standard deviation of 24% only if the optimal risky portfolio's expected return is at least %. (Round your answer to two decimal places) Numeric Response

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