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Which of the following investments would you select if you were risk averse with a = 4? The utility function is U (4,0) = h
Which of the following investments would you select if you were risk averse with a = 4? The utility function is U (4,0) = h zao. Investment Expected return 1 8% 2 20% 3 12% Standard deviation 15% 30% 20%
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