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E(r) = 12%; =20% E(r) = 10%; =15% E(r) = 10%; =10% E(r) = 8%; =10% 5. Assume an investor with the following utility function:

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E(r) = 12%; =20%

E(r) = 10%; =15%

E(r) = 10%; =10%

E(r) = 8%; =10%

5. Assume an investor with the following utility function: U = E(r) 0.60(02), which of the following investment option will maximize his utility? (1 mark)

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