What is risk aversion? If common stockholders are risk averse, how do you explain the fact that they often invest in ver

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answerhappygod
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What is risk aversion? If common stockholders are risk averse, how do you explain the fact that they often invest in ver

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What is risk aversion? If common stockholders are risk averse,
how do you explain the fact that they often invest in very risky
companies.
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