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The standard utility formula has the form U = E(r) + 0.5A*s2 (where s2 is the portfolio return variance). If you, as an investor, are
The standard utility formula has the form U = E(r) + 0.5A*s2 (where s2 is the portfolio return variance). If you, as an investor, are risk neutral (A = 0), then you would select a portfolio that has
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