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Solve clearly Define Absolute Risk Aversion (ARA) and Relative Risk Aversions (RRA). Calculate ARA and RRA for the two utility functions for individuals, A and

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Solve clearly

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Define Absolute Risk Aversion (ARA) and Relative Risk Aversions (RRA). Calculate ARA and RRA for the two utility functions for individuals, A and B, below: UA(C) = -C-9. UB(C) = -C-11 Who is more likely to diversify her international portfolio and invest in the two countries? Why

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