NO.PZ2018070201000052
问题如下:
What is the characteristics of indifference curve for the most risk-averse investors?
选项:
A.
lowest convexity.
B.
lowest intercept value.
C.
greatest slope coefficient.
解释:
C is correct.
The high risk-averse investor has the indifference curve at the same standard deviation have higher expected return. .All investors have the same expected return when standard deviation is 0.
Indifference curve越高越风险厌恶对吗?