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Suppose there is only one risky asset and the risk-free asset. If Investor Xs risk aversion is less than Investor Ys risk aversion, then Investors

Suppose there is only one risky asset and the risk-free asset. If Investor Xs risk aversion is less than Investor Ys risk aversion, then Investors X and Ys portfolios will have the same ________

[I] Portfolio weight on the risky asset

[II] Expected return

[III] Sharpe Ratio

A) I only

B) II only

C) III only

D) I & III I, II & III

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