A basic concept in finance is that investors who are risk averse (they dislike risk) will only accept risky financial investments when they: 1) expect to receive a fair return for the risk taken. 2) expect to receive a negative return on the investment. 3) expect to receive zero free cash flow from the investment. 4) expect to receive less than the risk-free rate of return. AD 0 R S Ja KANT EN MANTUAN V