4. Performance Comparison (LO2, CFA3) You are attempting to compare the performance of a particular hedge fund
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4. Performance Comparison (LO2, CFA3) You are attempting to compare the performance of a particular hedge fund to a reported composite benchmark. If there is a survivorship bias in the composite benchmark, its return is:
a. Understated.
b. Overstated.
c. Accurate.
d. None of the above.
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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