Question: c . Suppos th inv tor's utility is ln ( l + x ) wh re x is th r turn xpr ssed in decimal
c Suppos th inv tor's utility is lnl x wh re x is th r turn xpr ssed in decimal format if the return is say, then x Find the expected utility of he investor for each portfolio. Round your re pan es to ix decimal point Which
portfolio will the investor, who maximizes expected utili y choose?
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