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Which of the following statements best characterizes rational risk- averse investors? Select one: a. They want information on firm-specific risk. b. They maximize their expected

Which of the following statements best characterizes rational risk- averse investors? Select one: a. They want information on firm-specific risk. b. They maximize their expected utility. c. They evaluate gains and losses separately when making investment decisions. d. They want information to help them maximize the return on their investments

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