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The standard deviation of the return on the market portfolio is .15 and the expected return on the market portfolio is 16%. If the risk-free

The standard deviation of the return on the market portfolio is .15 and the expected return on the market portfolio is 16%. If the risk-free rate of return is 11%, the market degree of risk aversion, A, is ________.

0.33

2.5

2.22

3.0

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