diff --git a/src/Chapter4.tex b/src/Chapter4.tex index 0dcc3a0..88f67e4 100644 --- a/src/Chapter4.tex +++ b/src/Chapter4.tex @@ -125,10 +125,10 @@ \end{align*} so that investor A will prefer portfolio 2. On the other hand, investor B while refer the portfolio with maximum $\alpha_{P}-\lambda_{R}\cdot\omega_{P}^{2}$. We have \begin{align*} - \alpha{1}-\lambda_{R}\cdot\omega_{1}^{2} &= 4\% - 0.075 \times 2.975^{2} \% \\ + \alpha_{1}-\lambda_{R}\cdot\omega_{1}^{2} &= 4\% - 0.075 \times 2.975^{2} \% \\ &= 4\% - 0.65\% \\ &= 3.35\%\\ - \alpha{2}-\lambda_{R}\cdot\omega_{2}^{2} &= 10\% - 0.075 \times 15^{2} \% \\ + \alpha_{2}-\lambda_{R}\cdot\omega_{2}^{2} &= 10\% - 0.075 \times 15^{2} \% \\ &= 10\% - 16.88\% \\ &= -6.88\% \end{align*}