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A risk-averse investor has a choice between three investments: A, B, and C. The expected return is the same for all three, as is the

A risk-averse investor has a choice between three investments: A, B, and C. The expected return is the same for all three, as is the variance. The returns of the three investments exhibit different skewness: positive skewness for A, no skewness for B, and negative skewness for C. Which investment is least attractive to the investor?

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