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The rate of return on T-bills is 2.68%. An investor with a risk aversion of A = 3 should choose the optimal risky portfolio with

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The rate of return on T-bills is 2.68%. An investor with a risk aversion of A = 3 should choose the optimal risky portfolio with a standard deviation of 20% as his/her optimal complete portfolio if the optimal risky portfolio's expected return is

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