Question: An investor has the utility function U=E[r]2A2. A portfolio has an expected rate of return of 12.3% and a standard deviation of 0.15 . The
An investor has the utility function U=E[r]2A2. A portfolio has an expected rate of return of 12.3% and a standard deviation of 0.15 . The risk-free rate is 6%. Which value of A (risk aversion) makes this investor indifferent between the risky portfolic and the risk-free asset? Round your answer to 2 decimal places
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