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The data in the figure has been collected to appraise the performance of four asset management firms: Fund 1 6,45% 0,88 2,74% Fund 2 8,96%

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The data in the figure has been collected to appraise the performance of four asset management firms: Fund 1 6,45% 0,88 2,74% Fund 2 8,96% 1,02 4,54% Fund 3 9,44% 1,36 3,72% Fund 4 5,82% 0,8 2,64% Market Index 6% 1,0 2,8% Return Beta Standard deviation Standard deviation of excess returns 5,6% 6,1% 12,5% 5,3% N/A The market index return and risk-free rate of return for the relevant period were 6% and 3% respectively. Calculate and rank the funds using Jensen's alpha, the Treynor ratio, the Sharpe ratio, the Information ratio and M

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