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Explain the Type of Risk Measured by Each of the Following

Question 55

Essay

Explain the type of risk measured by each of the following measures. Also identify the factor in each formula that determines the type of risk that is being measured.
(a) Jensen's measure
(b) Sharpe's measure
(c) Treynor's measure

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\[\begin{array} { l l l }
{ \text { Me...

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