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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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