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Which of the following are true? 1) Risk-averse investors will accept investments that are fair games. TI) Risk-neutral investors judge risky investments only by their
Which of the following are true? 1) Risk-averse investors will accept investments that are fair games. TI) Risk-neutral investors judge risky investments only by their expected returns. III) Risk-averse investors judge investments only by their riskiness. IV) Risk-loving investors will invest in fair games. Select one: a. II and IV only b. ll only c. I and II only d. III and IV only e. I only O
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