Strategy A has an expected value of 10 and a standard deviation of 3. Strategy B has an expected value?

of10 and a standard deviation of5. Strategy C has an expected value of15 and a standard deviation of10. Which one of the following statements is true?

 a. A risk averse decision maker will always prefer A to B, but may prefer C to A. 

 b. A risk neutral decision maker will always prefer C to A or B. 

 c. A risk seeking decision maker will always prefer C to A or B. 

 d. All of the above are correct.