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19. Suppose two portfolios have the same average return and standard deviation of returns, portfolio X has a higher beta than portfolio Y. According to
19. Suppose two portfolios have the same average return and standard deviation of returns, portfolio X has a higher beta than portfolio Y. According to the Treynor measure, the performance of portfolio X A. is better than the performance of portfolio Y B. is the same as the performance of portfolio Y C. is poorer than the performance of portfolio Y D. cannot be measured as there is no data on the alpha of the portfolio E. None of these is correct
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