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254 204 The active portfolios, WildCat Fund and Long Horn Fund are being considered for investment. + -Fund Standard Avg. Return Covim Regression Std. Err
254 204 The active portfolios, WildCat Fund and Long Horn Fund are being considered for investment. + -Fund Standard Avg. Return Covim Regression Std. Err of Deviation (% (% (% Alpha Regression -Wildcat Fund 182 12.76 3% 2% -Long Horn Fund 352 192 9.044 0.8% 3% -Market Portfolio 152 The risk-free rate is: 5%. a). Using the Sharpe Measure, which portfolio performed better? (4 points) b). According to the Treynor Measure, which portfolio performed better? (5 points) c). According to the Information Ratio, which portfolio performed better? Assume monthly returns are used in the regression for Wildcat and quarterly returns are used in the regression for Longhorn. (5 points)
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