问题如下:
Vishal Chandarana is a risk-averse investor. He will apply utility theory to choose the investment portfolio. His utility function is expressed as U=E(r)-1/2×A×σ^2
The table shows the expected return and expected standard deviation of several investments, assuming the measure of risk aversion is 2, he is most likely to invest:
选项:
A.1
B.2
C.3
解释:
C is correct
Investment 2 has the highest Utility Value(0.2019).
能以investment 1 为例,计算一下嘛 谢谢