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Investment 1 2 3 4 Expected Return E(r) Standard Deviation 0.12 0.15 0.21 0.24 0.3 0.5 0.16 0.21 U=E(r) - (A/2) Var(r), where A =

image text in transcribed Investment 1 2 3 4 Expected Return E(r) Standard Deviation 0.12 0.15 0.21 0.24 0.3 0.5 0.16 0.21 U=E(r) - (A/2) Var(r), where A = 4. 3. Based on the utility function above, which investment would you select? A. 1 B. 2 C. 3 D. 4 E. cannot tell from the information given

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