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The following investor Peter,James, Stones and Julia have Risk aversion Coefficient of -5,0,2 and 4 respectively. Two portfolios K and Y were presented to these
- The following investor Peter,James, Stones and Julia have Risk aversion Coefficient of -5,0,2 and 4 respectively. Two portfolios K and Y were presented to these investors.
Portfolio K -Standard Deviation 20% , E ( r) - 13% ,
Portfolio Y -Variance 20% , E (r ) - 13%
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- James and Julia will prefer Portfolio Y to Portfolio K
- Peter will prefer Portfolio Y to Portfolio K while Stones will prefer Portfolio K to Portfolio Y
- Julia will prefer Portfolio Y to Portfolio K while James will prefer Portfolio K to Portfolio Y
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The Dynamics Of Church Finance
Authors: James D. Berkley
1st Edition
0801091055, 9780801091056
