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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.

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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. A risk 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

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