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Using the results of the CML graph, the best performing funds are: a. W, I, M, K b. K, D c. Only W d. W,

Using the results of the CML graph, the best performing funds are:

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a. W, I, M, K

b. K, D

c. Only W

d. W, I, M

Figure 22-1 Sharpe's Measure of Performance (RVAR) for Five Mutual Funds, 15-year period

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