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The expected rate of return on the market portfolio is 11.50% and the riskfree rate of return is 2.00%. The standard deviation of the market

The expected rate of return on the market portfolio is 11.50% and the riskfree rate of return is 2.00%. The standard deviation of the market portfolio is 19.75%. What is the representative investors average degree of risk aversion? Show your work.

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