Treasury bills are paying a 10% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a risky portfolio with a standard deviation of 27% only if the risky portfolio's expected return is at least ______. Multiple Choice 17.29% 10.62% 31.87% 11.87%

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Treasury bills are paying a 10% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a risky portfolio with a standard deviation of 27% only if the risky portfolio's expected return is at least ______. Multiple Choice 17.29% 10.62% 31.87% 11.87%
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