Max E(U)= E(rc)-.5A o² (rc) y* E(rp)-r Ασ, What if A4, then y*= E(r) = σ(rd) = w

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Max E(U)= E(rc)-.5A o² (rc)
y*
E(rp)-r
Ασ,
What if A4, then y*=
E(r) =
σ(rd) =
w
Transcribed Image Text:Max E(U)= E(rc)-.5A o² (rc) y* E(rp)-r Ασ, What if A4, then y*= E(r) = σ(rd) = w
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