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The concept of risk aversion describes the tendency of individuals to dislike risk. The implication of risk aversion A. Investors will not invest in riskier
The concept of risk aversion describes the tendency of individuals to dislike risk. The implication of risk aversion
A. Investors will not invest in riskier assets
B. Investors will invest in riskier assets in certain cases
C. a is true and b is false
D. a and b are true
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