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The comparison universe is not : Multiple Choice a set of mutual funds with different risk characteristics to your mutual fund. a concept found only

The comparison universe is not:

Multiple Choice

a set of mutual funds with different risk characteristics to your mutual fund.

a concept found only in astronomy.

All of the options are correct.

the set of all mutual funds in the U.S.

the set of all mutual funds in the world.

Question 2 image text in transcribed

The following data are available relating to the performance of Long Horn Fund and the market portfolio: What is the Sharpe measure of performance evaluation for Long Horn Fund? Multiple Choice 8.67% 37.14% 31.43% 1.33% 4.00%

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