Which of the following choices best completes the following statement? Explain. An investor with a higher degree
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Which of the following choices best completes the following statement? Explain. An investor with a higher degree of risk aversion, compared to one with a lower degree, will most prefer investment portfolios
a. with higher risk premiums.
b. that are riskier (with higher standard deviations).
c. with lower Sharpe ratios.
d. with higher Sharpe ratios.
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