Kimberly has been tasked with calculating the utility level for a client of ImeryFrt Growth Funds, and will use the same utility objective function we have used in the textbook. Using a detailed questionairre, Kimberly has determined that the client's aversion level (A) is 5.3, and has also estimated : the Market return = 12% with variance 56.2 the Risk-free rate is 4.6%, the Portfolio return = 10.5% with portfolio variance 44, and beta (relative to the market) is 1.32. Given this information, what is the utility level?

Select one:

a.insufficient information to determine

b.-106

c.-7

d.-111

e.-108

f.-137

g.-124