The Textbook Uses the "No Free Lunch Principle" in Financial

question 127

Multiple Choice

The textbook uses the "no free lunch principle" in financial investment to indicate that:

• A) investment opportunities with high expected returns come with higher risk.
• B) investment opportunities with high expected returns come with lower risk.
• C) there is no relationship between risk and expected returns.
• D) there is always risk in holding any investment opportunity.

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