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Data for the last 90 years for the S&P 500 index shows average excess returns of 8% and standard deviation of 20%. The average coefficient

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Data for the last 90 years for the S&P 500 index shows average excess returns of 8% and standard deviation of 20%. The average coefficient of risk aversion is: a. 2.50 b. 0.40 c. 0.02 O d. 2.00

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