The risk premium is

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    the amount of money that a risk-averse person is willing to pay to take risk.
     the amount of money that a risk-loving person is willing to pay to take risk.
     the maximum income a person is willing to receive in order to avoid taking risk.
     the maximum income a person is willing to forgo or the maximum amount of money a person is willing to pay to avoid taking risk.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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the maximum income a person is willing to forgo or the maximum amount of money a person is willing to pay to avoid taking risk.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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