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Question
68) Risk-adjusted mutual fund performance measures have decreased in popularity because
A) in nearly efficient markets, it is extremely difficult for portfolio managers to outperform the market.
B) the measures usually result in negative performance results for the portfolio managers.
C) the high rates of return earned by the mutual funds have made the measures useless.
D) in nearly efficient markets, it is extremely difficult for portfolio managers to outperform the market, and the measures usually result in negative performance results for the portfolio managers.
E) None of the options are correct.
Answer
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Related questions
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Day
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870 760 960 840 Declines
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To become a CFA, you must do all of the following except which one?
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Q:
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Q:
When life insurance companies seek long term investments, they are focusing on________.
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Q:
One of the major functions of the investment committee is to ________.
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B) translate the objectives and constraints of the investment company into an asset universe
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