Question

Which of the following investors should be willing to pay the highest price for an asset?...

Which of the following investors should be willing to pay the highest price for an asset?


A. An investor with a single-asset portfolio.


B. An investor with a 50-asset portfolio.


C. An investor who is not completely diversified.


D. An investor who is so risk-averse that he does not recognise the benefits of diversification.

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