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Use the figure to answer questions. The indifference curves 1-4 have the same risk aversion coefficient (A). a) Rank the indifference curves in order of

Use the figure to answer questions. The indifference curves 1-4 have the same risk aversion coefficient (A).

a) Rank the indifference curves in order of highest to lowest Utility.

b) Which curve represents the greatest utility achievable by the investor?

c) Which point represents the optimal complete portfolio?

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