Comment on the following statement: Investors dont care about the variability of a stocks returns, because they

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Comment on the following statement: “Investors don’t care about the variability of a stock’s returns, because they have the same chance of falling below the median as above the median. Therefore, on average, their returns will be the same.”

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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