A fund manager scrutinizing the record of two market timers comes up with this information: a. What

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A fund manager scrutinizing the record of two market timers comes up with this information:

a. What are the conditional probabilities, P1 and P2, and the total ability parameters for timers A and B?
b. Using the data given in this problem, and the historical data in the previous problem, what is a fair monthly fee for the two timers?

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Essentials of Investments

ISBN: 978-0078034695

9th edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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Question Posted: Oct 07, 2016 12:08 PM

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A fund manager scrutinizing the record of two market timers comes up with this information: a. What

Question:

135 Number of months that rM> Correctly predicted by timer A Correctly predicted by timer B 78 86 92 Number of months that

Step by Step Answer:

a Using the relative frequencies to estimate the cond...View the full answer

Essentials of Investments

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