问题如下:
A financial planner has created the following data to illustrate the application of utility theory to portfolio selection:
If an investor’s utility function is expressed as and the measure for risk aversion has a value of 2, the risk-averse investor is most likely to choose:
选项:
A.Investment 1.
B.Investment 2.
C.Investment 3.
解释:
B is correct.
Investment 2 provides the highest utility value (0.1836) for a risk-averse investor who has a measure of risk aversion equal to 2.
如图,utility公式显示不出来,麻烦修复一下