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In utility function U = gr-O.5Age, A is a measure of investors' degree of risk aversion. Which of the following statements is incorrect? a) Risk-neutral
In utility function U = gr-O.5Age, A is a measure of investors' degree of risk aversion. Which of the following statements is incorrect? a) Risk-neutral investor cares about risk. * b) Risk-averse investors like returns and dislike risks O c) For a risk-neutral investor, A is O. d) For a risk lover, A is less than zero. e) For a risk-averse investor, A is greater than O. Next Page Page 4 of 14 Previous Page
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