hello,

I only need answer #3 a,b,c,d

Use the following data in answering CFA Problems 1-3: CFA. PROBLEMS Utility Formula Data Standard Deviation, o Expected Return, E(r) Investment .12 30 .50 .15 .21 .16 4 .24 .21 U = E(r) - 2 Ao?, where A = 4 On the basis of the utility formula above, which investment would you select averse with A 4? On the basis of the utility formula above, which investment would you select neutral? The variable (A) in the utility formula represents the: a. investor's return requirement. b. investor's aversion to risk. c. certainty equivalent rate of the portfolio. d. preference for one unit of return per four units of risk