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Risky portfolio A has an expected return of 15% and a Sharpe ratio of 0.36. Risky portfolio B has an expected return of 10% and

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Risky portfolio A has an expected return of 15% and a Sharpe ratio of 0.36. Risky portfolio B has an expected return of 10% and a Sharpe ratio of 0.45. A risk-averse investor would prefer a complete) portfolio using the risk-free asset and It depends on the investor's risk tolerance. OPor-lio B The investor will be indifferent. Portfolio A

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