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Question 3 1 pts An investor has the utility function U = E [r] 402 A portfolio has an expected rate of return of 18.9%

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Question 3 1 pts An investor has the utility function U = E [r] 402 A portfolio has an expected rate of return of 18.9% and a standard deviation of 0.15. The risk-free rate is 6%. Which value of A (risk aversion) makes this investor indifferent between the risky portfolio and the risk-free asset? Round your answer to 2 decimal places

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