Jecob, a risk-averse investor, is choosing btw investments A and B. Both investment opportunities require an initial investment that needs to be paid now, and cash flows will be realized one month later.

choose the INCORRECT option

	A.	If A and B have the same expected cash flow, Tatum does not always prefer the one with the lower initial investment.
	B.	Tatums required rates of return for A and B are different, if the cash flows of A and B exhibit different riskiness.
	C.	If A and B have identical expected cash flows and the cash flows of A are more volatile compared to B, Tatum discounts the cash flows from A at a higher rate compared to B.
	D.	If A and B have identical expected cash flows and the cash flows of A are more volatile compared to B, Tatum is willing to pay less for A compared to B.
	E.	If A and B require the same level of initial investment and the cash flows of A are more volatile compared to B, Tatums required rate of return for A is lower than for B.