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Based on the formula for investor satisfaction or utility which investment would you select if you were risk averse with A 4 Investor satisfaction with portfolio increases with expected return

Based on the formula for investor satisfaction or "utility," which investment would you select if you were risk averse with A = 4? Investor "satisfaction" with portfolio increases with expected return and decreases with variance according to the "utility" formula: U = E(r) - ½ Aσ2 where A = 4.

Apr 02 2020 View more View Less

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