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. QUESTION THREE a) b) d) Can you be certain that a rational investor with the utility function nix) = '3 x2 + 45 x

. QUESTION THREE a) b) d) Can you be certain that a rational investor with the utility function nix) = '3 x2 + 45 x will prefer mean-variance efficient portfolios? Explain. (8 marks) If you did NO...

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