What is the maximum level of risk aversion for which the
Consider a portfolio that offers an expected rate of return of 10% and a standard deviation of 25%. T-bills offer a risk-free 4% rate of return. What is the maximum level of risk aversion for which the risky portfolio is still preferred to bill?
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consider a portfolio that offers an expected rate of return of 10 and a standard deviation of 25 t-bills offer a
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