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For a risk averse investor, which of the following 4 stocks is MOST preferred (assuming the risk free rate is 3%)? A B C D

For a risk averse investor, which of the following 4 stocks is MOST preferred (assuming the risk free rate is 3%)?

A B C D
Expected return 8% 12% 16% 22%
Std. Deviation 13% 17% 19% 26%

B

D

C

A

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