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    Fundamentals of Investment Management Study Set 1
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    Exam 22: Measuring Risks and Returns of Portfolio Managers
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    A Return of 15 Percent Might Actually Be Worse Than
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A Return of 15 Percent Might Actually Be Worse Than

Question 24

Question 24

Multiple Choice

A return of 15 percent might actually be worse than a return of 10 percent.


A) In a bull market
B) In a bear market
C) On a risk adjusted basis
D) More than one of the above

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