Multiple Choice
Sharp performance measures above the capital market line indicate:
A) performance better than expected.
B) performance under what was expected.
C) performance as expected.
D) all of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A portfolio manager's annual return of 20%
Q2: An investment performance measure would best measure:<br>A)
Q3: An excess return will always be greater
Q4: A return relative equals one minus the
Q6: CFA Institute standards recommend, in general, that
Q7: The Capital Market Line measures the risk/return
Q8: The Sharpe performance measure will tend to
Q9: CFA Institute performance presentation standards require<br>A) semi-annual
Q10: The Sharpe performance measure is:<br>A) the total
Q11: The geometric average rate of return on