Which of the following statements is(are) false

1. ?

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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