Problem 6-20 Optimal Portfolio Consider an investor with risk aversion of A = 3 is examining the portfolios along the efficient frontier. Return 8.00% 9.00% 9.90% 10.10% 11.50% 13.80% 13.40% 13.20% Standard Deviation 9.00% 9.60% 9.80% 10.40% 11.90% 10.10% 17.70% 21.00% Compute the investor's utility for each portfolio. The utility for the first portfolio is 1.125 The utility for the second portfolio is 1.06 The utility for the third portfolio is . Round your answer to the nearest four decimal places. Round your answer to the nearest four decimal places. Round your answer to the nearest four decimal places. The utility for the fourth portfolio is Round your answer to the nearest four decimal places. The utility for the fifth portfolio is The utility for the sixth portfolio is Round your answer to the nearest four decimal places. . Round your answer to the nearest four decimal places. The utility for the seventh portfolio is . Round your answer to the nearest four decimal places. The utility for the eighth portfolio is Which of these would be the optimal portfolio? Round your answer to the nearest four decimal places. Portfolio 2