I. A risk averse investor will just focus on the investment return.

II. A risk averse investor will only invest in fair games.

III. A risk averse investor will not take a risky investment, which has a negative risk premium.

IV. A risk averse investor will never take investments with high risk.

Please select the most appropriate choice regarding the 4 statements above:

a.

Only I, II and III are true.

b.

Only III is true.

c.

Only II, III and IV are true.

d.

Only I and IV are true.

e.

None of the other choices is true.

f.

All of I, II, III and IV are true.

g.

Only IV is true.

h.

Only I is true.

i.

Only II and IV are true.

j.

Only I , II and IV are true.

k.

Only II is true.