Question: Mike has a mean-variance utility with A = -2, which of the following asset will Mike prefer? Option 1: E(return): 10%; SD(return): 20% Option 2:

Mike has a mean-variance utility with A = -2, which of the following asset will Mike prefer? Option 1: E(return): 10%; SD(return): 20% Option 2: E(return): 5%; SD(return): 15% Option 3: E(return): 10%; SD(return): 15% Group of answer choices Option 3 Option 2 Option 1

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