Question: Based on the utility function (U = E(r) - (A/2) Var(r), where A = 4.), which investment would you select? A. 4 B. 2 C.
Based on the utility function (U = E(r) - (A/2) Var(r), where A = 4.), which investment would you select?
| A. | 4 | |
| B. | 2 | |
| C. | 3 | |
| D. | 1 | |
| E. | cannot tell from the information given |
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