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Suppose that the alpha of asset X is -0.04 and the alpha of asset Y is 0.02. Which asset has the largest mispricing? Select one:
Suppose that the alpha of asset X is -0.04 and the alpha of asset Y is 0.02. Which asset has the largest mispricing?
Select one:
a. Asset X
b. Asset Y
c. It depends on the betas
d. It depends on the systematic variance of the assets
e. It's impossible to say
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