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17. The information ratio: a) Ignores market movements from returns but instead adjusts for the risk undertaken. b) Is used as a risk-adjusted measure of
17. The information ratio:
a) Ignores market movements from returns but instead adjusts for the risk undertaken.
b) Is used as a risk-adjusted measure of the relative performance of a portfolio.
c) Helps to answer the question, Was the manager sufficiently rewarded for the risk incurred by deviating from the benchmark?
d) All of the above.
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