Question: An investor with high risk aversion will likely prefer which of the following risk and return combinations? expected return = 1 8 % , historical

An investor with high risk aversion will likely prefer which of the following risk and return combinations?
expected return =18%, historical standard deviation =23%
expected return =12%, historical standard deviation =17%
expected return =14%, historical standard deviation =19%
expected return =16%, historical standard deviation =21%

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