Essay
Consider the five funds shown below:
*Significant at the 5 percent level
a.Which fund's returns are best explained by the market's returns?
b Which fund had the largest total risk?
c.Which fund had the lowest market risk? The highest?
d.Which fund(s),according to Jensen's alpha,outperformed the market?
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(a)Fund 2.It has the highest R2. (b)Stand...View Answer
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