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Avery is a conservative, risk-averse investor. Which of the following stock portfolios would be the best choice for him? Note: The risk premium is calculated

Avery is a conservative, risk-averse investor. Which of the following stock portfolios would be the best choice for him? Note: The risk premium is calculated by subtracting the Treasury bill rate from the expected rate of return. The investor can also buy Treasury bills. A B C Cannot be determined from the information provided

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