3、followingstatementsis(are)true?I)Risk-averseinvestorsrejectinvestmentsthatarefairgames.II)Risk-neutralinvestorsjudgeriskyinvestmentsonlybytheexpectedreturns.III)Risk-averseinvestorsjudgeinvestmentsonlybytheirriskiness.IV)Risk-lovinginvestorswillnotengageinfairgames. A. IonlyB. II
6、raphanindifferencecurvehasa________slope. A. negativeB. zeroC. positiveD. verticalE. cannotbedetermined 5.Inthemean-standarddeviationgraph,whichoneofthefollowingstatementsistrueregardingtheindifferencecurveofarisk-averseinvestor? A. Itisthelocusofportfoliosthathavethesameexpecte