To select the best alternative between two stocks that have different returns and different levels pf risk, a risk- averse investor will make the determination using:

To select the best alternative between two stocks that have different returns and different levels of risk, a risk-averse investor will make the determination using: Select onet a. the standard deviation of the series of returns of both alternatives b. the arithmetic average of the series of returns of both alternatives c. the lowest coefficient of variation between both alternatives d. the highest coefficient of variation between both alternatives e. the weighted average of both alternatives