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The expected return for Asset Y is 24%, and it has a standard deviation of 14%. The expected return for Asset Z is 14%, and

The expected return for Asset Y is 24%, and it has a standard deviation of 14%. The expected return for Asset Z is 14%, and it has a standard deviation of 9%. Which of the following is a CORRECT statement?

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Asset Z is the riskier investment of the two investments.

Asset Y is the riskier investment of the two investments.

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