Question: Evaluate the market timing and security selection abilities of four managers whose performances are plotted in the accompanyingdiagrams. P-rf M If Mf -r, Mf M-rf

Evaluate the market timing and security selection abilities of four managers whose performances are plotted in the accompanyingdiagrams.

Evaluate the market timing and security selection abilities of f

P-rf M If Mf -r, Mf M-rf

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