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Stocks X and Y have the following expected returns and standard deviations: Stocks X and Y have the following expected returns and standard deviations: Stock

Stocks X and Y have the following expected returns and standard deviations:

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Stocks X and Y have the following expected returns and standard deviations: Stock Expected return 18% 10% Standard deviation 22% 30% Y Stock Y is inferior to Stock X with respect to both expected return and volatility. Would any risk- averse investor ever invest in Stock Y? Explain why or why not

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