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35) Which of the following investments is clearly preferred to the others for an investor who is not holding a well-diversified portfolio? Stock Average Return

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35) Which of the following investments is clearly preferred to the others for an investor who is not holding a well-diversified portfolio? Stock Average Return 12% 9% 12% Std. Deviation 11% 10,50% 10.50% A) Cannot be determined without information regarding the risk-free rate. B) Investment1 C) Investment 2 D) Investment 3

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