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2 . ( a ) Estimate the excess return ( RET ) of the funds that Bob and Putney currently manage. Assume that Princeton s

2.(a) Estimate the excess return (RET) of the funds that Bob and Putney currently manage. Assume that Princetons average composite SAT score is 1355, while Ohio States is 1042. Between Bob and Putney, who is expected to obtain higher returns at their current funds, and by how much?

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