问题如下:
What is the characteristics of indifference curve for the most risk-averse investors?
选项:
A. lowest convexity.
B. lowest intercept value.
C. greatest slope coefficient.
解释:
C is correct.
The high risk-averse investor has the indifference curve at the same standard deviation have higher expected return. .All investors have the same expected return when standard deviation is 0.
解析明白 但C的中文直接翻译过来是什么意思?