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Consider a portfolio that offers an expected rate of return of 11% and a standard deviation of 22%. T-bills offer a risk-free 4% rate of
| Consider a portfolio that offers an expected rate of return of 11% and a standard deviation of 22%. T-bills offer a risk-free 4% rate of return. |
| What is the maximum level of risk aversion for which the risky portfolio is still preferred to bills? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
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Empirical Techniques In Finance
Authors: Ramaprasad Bhar, Shigeyuki Hamori
1st Edition
3642064175, 978-3642064173
