Question: Suppose that the borrowing rate that your client faces is 12%. Assume that the S&P 500 index has an expected return of 17% and standard

Suppose that the borrowing rate that your client faces is 12%. Assume that the S&P 500 index has an expected return of 17% and standard deviation of 38%, that r 6% What is the range of risk aversion for which a client will neither borrow nor lend, that is, for which y calculations. Round your answers to 2 decimal places.) 1? (Do not round intermediate y=1 for
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