Your financial advisor forecasts that the return of the S&P 500 Index Portfolio over the next year will be 12%.According to her estimates, the expected return for a one-year Treasury Bill is 4%.Based on recent performance, she estimates that the standard deviation of returns for the S&P 500 Index Portfolio will be 25%.

Assuming that you choose to invest in the S&P 500 Index Portfolio,what is your degree of risk aversion?