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Suppose that the borrowing rate that your client faces is 9 % . Assume that the equity market index has an expected return of 1
Suppose that the borrowing rate that your client faces is Assume that the equity market index has an expected return of and
standard deviation of that
What is the range of risk aversion for which a client will neither borrow nor lend, that is for which Do not round Intermedlate
calculations. Round your answers to decimal places.
for
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