An Active Portfolio Manager Faces a Trade-Off Between I) Using

Multiple Choice

An active portfolio manager faces a trade-off between I) using the Sharpe measure.
II. using mean-variance analysis.
III. exploiting perceived security mispricings.
IV. holding too much of the risk-free asset.
V. letting a few stocks dominate the portfolio.

A) I and II
B) II and V
C) III and V
D) III and IV