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Jordan Jones ( JJ ) and Casey Carter ( CC ) are portfolio managers at your firm. Each manages a well - diversified portfolio. Your

Jordan Jones (JJ) and Casey Carter (CC) are portfolio managers at your firm. Each manages a well-diversified portfolio. Your boss has asked for your opinion regarding their performance in the past year. JJs portfolio has a beta of 0.6 and had a return of 8.5%; CCs portfolio has a beta of 1.4 and had a return of 9.5%. Which manager had better performance? Why? Show calculations

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