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The M^2 preserves the ranking of portfolio managers based on the Sharpe ratio. Is the above statement true or false? Hint: M^2=_M (S_P-S_M) A. True

The M^2 preserves the ranking of portfolio managers based on the Sharpe ratio. Is the above statement true or false?

Hint: M^2=_M (S_P-S_M)

A. True B. False

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