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Which of the following statements regarding risk-averse investors is/are true? Select one or more: A. For the same rate of returns, they prefer lower variance.

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Which of the following statements regarding risk-averse investors is/are true? Select one or more: A. For the same rate of returns, they prefer lower variance. B. They can accept risky investments that do not offer risk premiums over the risk-free rate. C. They only care about the rate of return. D. For the same stanard deviation, they prefer higher rate of returns. E. They do not accept investments that are fair games

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