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Suppose investor satisfaction with a portfolio increases withexpected return and decreases with standard deviation (risk).Assume theutility function formula is U=E(r)-0.5A?^2 where Adenotes th 2 answers
Suppose investor "satisfaction" with a portfolio increases withexpected return and decreases with standard deviation (risk).Assume the"utility function" formula is U=E(r)-0.5A?^2 where Adenotes th 2 answers
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