Which of the following statements concerning measures of risk is correct? The typical risk averse investor likes risk, because riskier investments have greater expected returns. Arisk averse investor is always willing to accept a "fair bet". If firm A has a coefficient of variation greater than firm B, then the standard deviation for firm A must also be greater than the standard deviation of firm B. The coefficient of variation, calculated as the standard deviation divided by the expected return, is a standardized measure of an asset's risk. None of the above are correct. You borrow $7,000 today and promise to repay the loan over the next three years with 36 equal, end-of-month payments starting one month from today. The interest rate is 4% APR compounded monthly. What is the amount of each payment? Round only your final answer to two decimal places. $206.67 $194.44 $214.98 $202.19 O $223.86 If portfolio weights are positive (i.e., you cannot borrow money): 1) Can the standard deviation of a portfolio ever be less than the smallest standard deviation of an individual security in the portfolio? 2) Can the standard deviation of a portfolio ever be more than the greatest standard deviation of an individual security in the portfolio? 1) yes: 2) yes 1) yes: 2) no 1) no; 2) no 1) no: 2) yes