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Given two securities Si, i = 1,2. Let Ri, i = 1,2, be their return rates respectively. Assuming that Ri, i = 1,2, are independent
Given two securities Si, i = 1,2. Let Ri, i = 1,2, be their return rates respectively. Assuming that Ri, i = 1,2, are independent and identically distributed continuous random variables, determine the portfolio that a risk-averse investor would select.
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