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The phenomena and behaviors discussed above are based on the assumption that the majority of investors are risk averse. According to the concept of risk
The phenomena and behaviors discussed above are based on the assumption that the majority of investors are risk averse. According to the concept of risk aversion,Check all that apply.
Investors prefer certainty to uncertainty, and therefore will accept a lower return to avoid a potentially larger and more uncertain return.
Investors require a lower return for owning securities that exhibit greater risk.
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