Question
Treasury bills are paying a 3% rate of return. A risk-averse investor with a risk aversion of A =3.5 will choose to invest 55% in
Treasury bills are paying a 3% rate of return. A risk-averse investor with a risk aversion of A =3.5 will choose to invest 55% in the optimal risky portfolio with a standard deviation of 24% only if the optimal risky portfolio's expected return is at least _____ %. ( Round your answer to two decimal places)
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Managing Finance A Socially Responsible Approach
Authors: D. Crowther
1st Edition
0750661011, 978-0750661010
