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Erik is an investor with $5,000 avallable for investment. He has the following three investment possibilities from which to choose: If Erik is indifferent about

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Erik is an investor with $5,000 avallable for investment. He has the following three investment possibilities from which to choose: If Erik is indifferent about these three investment options, and he thinks that they are worth the same to him, Therefore, which of the following statements is true about Erik? He is risk-neutral. He is risk-averse. Re is risk-toving: None of these descriptions is accurate. If Erik is indifferent about these three investrnent options, and he thinks that they are worth the same to him. Therefore, which of the following statements is true about Erik? He is risk-neutral. He is risk-averse: He is risk-loving. None of these descriptions is accurate. Later, while examining the same investment alternatives, Erik's brother, Devin, clearly expressed a preforence for option 1. Which of the following statements is true about Devin? He is risk-averse. He is risk-neutrat. He is risk-loving. None of the above

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