Question: Suppose that the borrowing rate that your client faces is 10%. Assume that the equity market index has an expected return of 14% and standard

Suppose that the borrowing rate that your client faces is 10%. Assume that the equity market index has an expected return of 14% and standard deviation of 24%, that rf = 68. What is the range of risk aversion for which a client will neither borrow nor lend, that is, for which y= 1? (Do not round intermediate calculations. Round your answers to 2 decimal places.) y= 1 for
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