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Treasury bills are paying a 10% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a

Treasury bills are paying a 10% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a risky portfolio with a standard deviation of 27% only if the risky portfolio's expected return is at least __________.

Multiple Choice

17.29%

10.62%

31.87%

11.87%

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