Which of the following statements is(are) false
Which of the following statements is(are) false
?
I) Risk-averse investors reject investments that are fair games.
II) Risk-neutral investors judge risky investments only by the expected returns.
III) Risk-averse investors judge investments only by their riskiness.
IV) Risk-loving investors will not engage in fair games.
Select one:
A. II and III only
B. I and II only
C. II only
D. I only
E. III and IV only
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