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1 1 . The conventional performance benchmark for mutual funds today is: A . A four - factor model that includes the three Fama -
The conventional performance benchmark for mutual funds today is: A A fourfactor model that includes the three FamaFrench factors and a momentum factor B A threefactor model that includes market returns and the returns to portfolios based on size and booktomarket ratio C The CAPM D None of the above
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