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Take a position on the following statement: Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. Support your response
- Take a position on the following statement: Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. Support your response with arguments from the text.
- Determine whether or not the universe of similar investment managers overcomes the statistical problems associated with instability of beta or total variability. Support your position.
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
