Question: please show all work and formulas Use the following data in answering CFA Questions 4-6. Investor satisfaction with portfolio increases with expected return and decreases

please show all work and formulas
please show all work and formulas Use the following data in answering

Use the following data in answering CFA Questions 4-6. Investor "satisfaction" with portfolio increases with expected return and decreases with variance according to the "utility" formula: U=E(r)1/2A2 where A=4. 4. Based on the formula for investor satisfaction or "utility," which investment would you select if you were risk averse with A=4 ? (LO 5-4) 5. Based on the formula above, which investment would you select if you were risk neutral? (LO 5-4) 6. The variable (A) in the utility formula represents the: (LO54) 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

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