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11. Which of the following statements is FALSE? For risk-averse investors, lower expected return and/or higher risk leads to lower utility b. For risk lovers,

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11. Which of the following statements is FALSE? For risk-averse investors, lower expected return and/or higher risk leads to lower utility b. For risk lovers, lower expected return and/or lower risk leads to lower utility. c. For risk-neutral investors, expected return and risk do not affect utility d. A rational investor should maximize his/her utility from the investments. e. None of the above option is correct

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