Question: 8. Assume =().5 2 , where =risk-aversion coefficient. If an investors approaches ____, (s)he is a ________ person and his/her utility indifference curve will be

8. Assume =().52, where =risk-aversion coefficient. If an investors approaches ____, (s)he is a ________ person and his/her utility indifference curve will be close to a horizontal line.

0; highly risk-averse

0; less risk-averse

; highly risk-averse

; less risk-averse

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