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An investment manager is given the task of beating a benchmark. Hence the risk should be measured a.In terms of loss relative to the initial
An investment manager is given the task of beating a benchmark. Hence the risk should be measured
a.In terms of loss relative to the initial investment
b.In terms of loss relative to the expected portfolio value
c.In terms of loss relative to loss attributed to the benchmark
d.In terms of loss relative to the benchmark
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