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Suppose two payoff patterns, A and B, have the same expected dollar payoffs. Further assume that A is riskier than B. Then A should have
Suppose two payoff patterns, A and B, have the same expected dollar payoffs. Further assume that A is riskier than B. Then A should have a ________ rate of return than B because risk-averse investors would pay a ___________ price for A than for B. lower, higher lower, lower higher, higher higher, lower
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