Question: Jasmine would prefer to hold a portfolio of stocks with an average return of 8 percent and a standard deviation of 2 percent to a

Jasmine would prefer to hold a portfolio of stocks with an average return of 8 percent and a standard deviation of 2 percent to a portfolio of stocks with an average return of 8 percent and a standard deviation of 5 percent.
if Jasmine owns a house, she would not consider buying fire insurance.
Jasmine is not risk averse.
Jasmine would prefer to hold a portfolio of stocks with an average return of 8 percent and a standard deviation of 5 percent to a portfolio of stocks with an average return of 6 percent and a standard deviation of 3 percent.

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