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Use the following table to answer the question below. Expected ret. std. dev. S&P500 13% 25% T-bill 3% Borrow 6% What is the highest risk

Use the following table to answer the question below.

Expected ret. std. dev.
S&P500 13% 25%
T-bill 3%
Borrow 6%

What is the highest risk aversion for an investor that is borrowing?

Round your answer to 2 decimal places.

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