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Use the following table to answer the question below. If you have the standard utility function described in the lecture with A = 7 ,

Use the following table to answer the question below. If you have the standard utility function described in the lecture with A=7, and you think the future will be like the 19261946 period, what fraction of your investments should be in the T-bill (i.e., the portfolio weight of T-bill)?
Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.
\table[[time,S&P500 ret.,T-bill ret.,Std. dev.],[1926-2012,11.67%,3.58%,20.48%
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