Which statement correctly shows why risk taking ability increases as investment horizon lengthens (increases)? Group of answer choices As investment horizon lengthens, equity markets are more likely to experience an equity market downturn. As investment horizon lengthens, markets become more efficient. As investment horizon lengthens, return increases at a faster rate than risk. As investment horizon lengthens, markets become less liquid. As investment horizon lengthens, investors gain financial literacy and are more willing to take risk

A. As investment horizon lengthens, equity markets are more likely to experience an equity market downturn.

B. As investment horizon lengthens, markets become more efficient.

C. As investment horizon lengthens, return increases at a faster rate than risk.

D. As investment horizon lengthens, markets become less liquid.

As investment horizon lengthens, investors gain financial literacy and are more willing to take risk