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Unformatted text preview: capital stable fund and 21.76% invested on balanced fund. The expected annual return is 8.9112% (part d) If the utility is U(R) = μ- 0.05σ 2 , the optimal portfolio is 30.29% invested on money market fund and 69.71% invested on capital stable fund....
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This note was uploaded on 02/23/2011 for the course ECON 301 taught by Professor S.chiu during the Spring '11 term at HKU.
- Spring '11