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Treasury bills are paying a 5% rate of return. A risk-averse investor with a risk aversion of A = 4 should invest entirely in a
Treasury bills are paying a 5% rate of return. A risk-averse investor with a risk aversion of A = 4 should invest entirely in a risky portfolio with a standard deviation of 22% only if the risky portfolio's expected return is at least ______.
A.) 6.09%
B.) 9.84%
C.) 24.36%
D.) 14.36%
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