Question
The market portfolio has an expected return of 9.5% with a volatility of 17% while the T-bills earn 3.3%. Your degree of risk aversion is
The market portfolio has an expected return of 9.5% with a volatility of 17% while the T-bills earn 3.3%. Your degree of risk aversion is 3.8. You have $50,000 to invest. How much (in $, NOT in %) will you invest in the market portfolio?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
