Question
The performance of two investment advisors is compared. One person's average return is 19%, and the other person's return is 16%. However, the beta of
The performance of two investment advisors is compared. One person's average return is 19%, and the other person's return is 16%. However, the beta of the first agent is 1.5 and the beta of the second agent is 1.0.
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Principles of Macroeconomics
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
12th edition
134078802, 978-0134078809
