Question: Use the following table to answer the question below. Expected ret. std. dev. S&P500 13% 25% T-bill 3% Borrow 6% What is the highest risk
Use the following table to answer the question below.
| Expected ret. | std. dev. | |
| S&P500 | 13% | 25% |
| T-bill | 3% | |
| Borrow | 6% |
What is the highest risk aversion for an investor that is borrowing?
Round your answer to 2 decimal places.
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