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Suppose we have a portfolio that has an expected return of 14% and an std deviation of 15%. T-Bills return is 8%. What is the
Suppose we have a portfolio that has an expected return of 14% and an std deviation of 15%. T-Bills return is 8%. What is the maximum level of risk aversion (A) for which the risky portfolio is still preferred to TBills? Round your answer to 2 decimal places. For example, if your answer is 4.255, then please write down 4.26.
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