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The financial committee of an endowment has decided to shift part of its investment in an index fund to one of two professionally managed portfolios.
The financial committee of an endowment has decided to shift part of its investment in an index fund to one of two professionally managed portfolios. Upon examination of past performance a committee member proposes to choose the portfolio that achieved a greater alpha value. Do you agree? Why or why or not
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2001 Miller Local Government Audits
Authors: Rhett D. Harrell
1st Edition
015607219X, 978-0156072199
