Multiple Choice
Fund X has a return of 12% and fund Y has a return of 9%. From these data we can conclude:
A) fund Y has outperformed fund X.
B) fund X has outperformed fund Y.
C) fund X has outperformed the market.
D) more information is needed about the risk of each fund before we can make a judgment.
Correct Answer:
Verified
Correct Answer:
Verified
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