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QUESTION 4 i) Define and calculate the Jensen's alpha, the Sharpe and the Treynor Ratios for each funds shown above. Compare the rankings produced by
QUESTION 4 i) Define and calculate the Jensen's alpha, the Sharpe and the Treynor Ratios for each funds shown above. Compare the rankings produced by each measure. Explain why the rankings differ and what do they tell about fund performance. (8 marks) ii) Under what circumstances will the Sharpe and Treynor's ranking may produce similar rankings? (2 marks)
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