. “No one who is risk-averse will ever buy a security that has a lower expected return, more
risk, and less liquidity than another security.” Is this statement true, false, or uncertain? Explain
your answer.
1
Expert's answer
2021-07-21T09:46:00-0400
True because for a risk-averse person, those characteristics make a security less desirable.
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment