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Part 1 - Attempt 1/2 for 10 pts. Which of the following statements are true about risk aversion? Check all that apply: A risky investment
Part 1 - Attempt 1/2 for 10 pts. Which of the following statements are true about risk aversion? Check all that apply: A risky investment with a risk premium of zero is called speculation. A risk-averse investor will reject a fair game. Wagering money on an event that has an uncertain outcome in the hope of winning money is called gambling. A risky investment with a risk premium of zero is called a fair game. Submit Part 2 - Attempt 1/2 for 10 pts. Risk-averse investors Check all that apply: reject speculative prospects with positive risk premiums consider investments that are fair games reject investments that are fair games consider risk-free investments consider speculative prospects with positive risk premiums
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