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Question 3 1 pts True or false? Unlike the Sharpe ratio, Treynor ratio uses beta instead of the standard deviation of returns to measure risk.

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Question 3 1 pts True or false? Unlike the Sharpe ratio, Treynor ratio uses beta instead of the standard deviation of returns to measure risk. As a result, Treynor ratio is appropriate only for well-diversified portfolios. O True False

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