Question
2) An investment advisor is comparing performance of two mutual funds each of which is designed to outperform the S&P 500. The Freedelity Fund returned
2) An investment advisor is comparing performance of two mutual funds each of which is designed to outperform the S&P 500.
The Freedelity Fund returned 19%
The JPStanley Fund returned 16%.
The betas of the Freedelity & JPStanley funds are 1.5 & 1.0 respectively.
T-Bill rate = 6%; and the S&P 500 returned 14%.
Which fund was the superior performer? Why? Must show work to receive credit.
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The Palgrave Handbook Of Government Budget Forecasting
Authors: Daniel Williams, Thad Calabrese
1st Edition
3030181944, 978-3030181949
