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Using the results of the CML graph, the funds that have the best performance are: a. K,D b. W only c. W, I, M d.

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Using the results of the CML graph, the funds that have the best performance are:

a. K,D

b. W only

c. W, I, M

d. W, I, M, K

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

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