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c. Suppose you have been offered a job as a financial advisor for a group of risk-averse investors. How would you differentiate risk-averse investors from
c. Suppose you have been offered a job as a financial advisor for a group of risk-averse investors. How would you differentiate risk-averse investors from other types of investors? Briefly explain your answer. Would you recommend a project with a relatively large dispersion of expected returns to more risk-averse investors or to less risk-averse investors? Explain why.
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