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Business, 18.05.2021 19:10 arod20061

a. Picasso vs. Elvis. You are trying to choose between two investments. The first investment, a painting by Picasso, has an expected return of 14 percent with a standard deviation of 30 percent over the next year. The second investment, a pair of blue suede shoes once worn by Elvis, has an expected return of 20 percent with a standard deviation of return of 40 percent. The risk-free rate of interest is 3 percent. What is the way to determine which investment is a better investment

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