The expected rate of return on the market portfolio is 975
The expected rate of return on the market portfolio is 9.75% and the risk–free rate of return is 1.75%. The standard deviation of the market portfolio is 19%. What is the representative investor’s average degree of risk aversion?
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the expected rate of return on the market portfolio is 975 and the riskndashfree rate of return is 175 the standard
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