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__________ Portfolio Manager(s)experience Streaks of Abnormal Returns Which Are Hard

Question 66

Multiple Choice

__________ portfolio manager(s) experience streaks of abnormal returns which are hard to label as lucky outcomes,and ____ anomalies in realized returns have been sufficiently persistent such that portfolio managers could use them to beat a passive strategy over prolonged periods.


A) No; no
B) No; some
C) Some; no
D) Some; some

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