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Joe, a risk - averse investor, is trying to choose between investment A and investment B . If investment A is riskier than investment B
Joe, a riskaverse investor, is trying to choose between investment A and investment If investment is riskier than investment and Joe selects investment A anyway,
then
A the expected return for investment A will be higher than the expected return for investment B
B the actual return for investment A will be higher than the expected return for investment
C the actual return for investment A will be higher than the actual return for investment
D the expected return for investment A will be higher than the actual return for investment
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