9. The variable (A) in the utility formula represents the:
a. investor’s return requirement.
b. investor’s aversion to risk.
c. certainty equivalent rate of the portfolio.
d. preference for one unit of return per four units of risk.
a. investor’s return requirement.
b. investor’s aversion to risk.
c. certainty equivalent rate of the portfolio.
d. preference for one unit of return per four units of risk.
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