Answer:
Explanation:
People engage in investments in order to reap benefits in the future by sacrificing current consumption of the available money.
An investor refers to the person making an investment. He/she always maximize the return based on risk-taking capabilities. Investors are been categorized into risk takers based on their risk taking capabilities, these categories are: Risk averse and risk natural.
Those people who invest in safe investment options and reap low returns by taking least or no risk are known as risk averse investors. Therefore, risk investors, prefers securities like treasury bill for investment.
High liquidity, least risky, steady returns and short term maturity are the main treasury bill that attract risk averse investors.
Thus, investors with least or no risk prefer treasury bills.
