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    Investments Concepts and Applications
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    Exam 20: Performance Evaluation of Managed Funds
  5. Question
    Blake,Elton and Gruber (1993)find That Most Bond Funds Have __________
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Blake,Elton and Gruber (1993)find That Most Bond Funds Have __________

Question 38

Question 38

Multiple Choice

Blake,Elton and Gruber (1993) find that most bond funds have __________ indicating underperformance.


A) betas greater than one
B) betas less than one
C) negative alphas
D) positive alphas

Correct Answer:

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