紫同学2018-01-15 20:41:55
22. If an investor’s utility function is expressed as U=E(r)−12Aσ2 and the measure for risk aversion has a value of 2, the risk-averse investor is most likely to choose: A. Investment 1. B. Investment 2. C. Investment 3. 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. Investment Expected Return (%) Expected Standard Deviation (%) Utility A = 2 1 18 2 0.1796 2 19 8 0.1836 3 20 15 0.1775 4 18 30 0.0900 麻烦老师讲解一下,为什么我计算的U值,与答案不一样呢?
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金程教育顾老师2018-01-16 09:28:49
学员你好,utility 公式为下图,再算一下?
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谢谢老师,懂了,把公式看成U=E(r)-12Aσ2 了。


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