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23. Sam Seminole is evaluating the performance of four large cap equity portfolios as show below. As part of his analysis, Sam computed the Sharpe

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23. Sam Seminole is evaluating the performance of four large cap equity portfolios as show below. As part of his analysis, Sam computed the Sharpe ratio and the Treynor measure for all four funds. Based on his findings, he ranks the funds as shown below. Why did he rank them as shown. (LO18-2)

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