A broker has advised you not to invest in oil industry stocks - 12418

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yousafbhutta

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Price: $3.50
  • From: Business,
  • Posted on: Sat 14 Jul, 2012
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Risk: A broker has advised you not to invest in oil industry stocks because they have high standard deviations. Is the broker’s advice sound for a risk-averse investor like yourself? Why or why not?

 

Solution Description

Risk: A broker has advised you not to invest in oil industry stocks because they have high standard deviations. Is the broker’s advice sound for a risk-averse investor like yourself? Why or why not?

The broker is giving the best advice as per the