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An investor who is going to combine an active investment in one of the stock funds with a passive investment in the market portfolio will
An investor who is going to combine an active investment in one of the stock funds with a passive investment in the market portfolio will choose: Select one: a. The Y-fund because it has the higher information ratio. b. The Y-fund because it has the higher Treynor measure. c. The X-fund because it has the higher Treynor Measure. d. The X-fund because it has the higher Sharpe Ratio. e. The X-fund because it has the higher information ratio
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