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Identify which one of the following statements regarding the required rate of return is incorrect: A higher rate of return would be applicable to a
Identify which one of the following statements regarding the required rate of return is incorrect:
A higher rate of return would be applicable to a riskier investment
The required return on specific instruments with a particular risk profile will always be similar
A lower rate of return would be applicable to a riskier investment
Different investors have different risk preferences
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