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Suppose that a risk-averse investor is offered the investment opportunities described below. Each investment costs $1,000 today and provides a payoff one year from row.

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Suppose that a risk-averse investor is offered the investment opportunities described below. Each investment costs $1,000 today and provides a payoff one year from row. The payoff of each investment Is described. Which of the investment opportunities would a risk-averse Investor prefer

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