Question 1. Which of the following statements are true? The utility score (assuming U(R) = E[R]-0.5Ao?(R)) I Combines risk aversion, expected return & risk (standard deviation of return). II. Puts a preference score on securities & portfolios so that we can compare them. III. Increases when we increase expected return for the same investor (constant A) and level of risk. IV. Is not affected from risk (standard deviation of return) for risk neutral investors (A = 0)