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5. You are comparing the performance of two portfolios. The Acme Fund averaged a return of 20% with a beta of 1.5 and the Balta

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5. You are comparing the performance of two portfolios. The Acme Fund averaged a return of 20% with a beta of 1.5 and the Balta Fund averaged a return of 15% with a beta of 1.2. The T-bill rate was 5% and the market return during the period was 13%. Which portfolio performed better? Why

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