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Please provided the answer with reason. Thanks a ton Now let's assume away all the complications. In the following scenarios, you have access to two

Please provided the answer with reason. Thanks a ton

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Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario A: - Manager A1: R1=5%+2RM,e+=25%+2M+ - Manager A2: R2=5%+2RM,e+2=25%+2M+2 Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario B: - Manager B1: R1=5%+RM,e+=15%+M+ - Manager B2: R2=5%+2RM,e+2=25%+2M+2 Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario C: - Manager C1: R1=5%+RM,e+=15%+M+ - Manager C2: R2=5%+2RM,e+=25%+2M+ Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario D: - Manager D1: R1=5%+2RM,e+1=25%+2M+1,1N(0,5%) i.i.d. - Manager D2: R2=5%+2RM,e+2=25%+2M+2,2N(0,5%) i.i.d. Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario A: - Manager A1: R1=5%+2RM,e+=25%+2M+ - Manager A2: R2=5%+2RM,e+2=25%+2M+2 Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario B: - Manager B1: R1=5%+RM,e+=15%+M+ - Manager B2: R2=5%+2RM,e+2=25%+2M+2 Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario C: - Manager C1: R1=5%+RM,e+=15%+M+ - Manager C2: R2=5%+2RM,e+=25%+2M+ Now let's assume away all the complications. In the following scenarios, you have access to two funds; you may also invest in the market. - RM,e=10%+M - The risk-free rate is 0 . Question: which manager is better in each scenario? Scenario D: - Manager D1: R1=5%+2RM,e+1=25%+2M+1,1N(0,5%) i.i.d. - Manager D2: R2=5%+2RM,e+2=25%+2M+2,2N(0,5%) i.i.d

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