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QUESTION 1 6 points Save Answer You want to evaluate three mutual funds using the Jensen measure for performance evaluation. The risk-free return during the

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QUESTION 1 6 points Save Answer You want to evaluate three mutual funds using the Jensen measure for performance evaluation. The risk-free return during the sample period is 6%, and the average return on the market portfolio is 18%. The average returns, standard deviations, and betas for the three funds are given below. Average return Standard deviation Beta Fund A 20% 20% 1.1 Fund B 18% 25% 1 Fund C 16% 30% 0.9 The fund with the highest Jensen measure is A. Funds A and C (tied for highest). B. Fund A. OC. Fund C. D. Funds A and B (tied for highest). O E. Fund B. QUESTION 2 6 points Save Answer Which of the following is not a behaviour bias? A. Overconfidence B. Mental accounting C. Framing D. Regret avoidance E. Prospect theory

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