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What does a negative Sharpe Ratio tell you about a portfolio? a) It underperformed the risk-free asset. b) None of the above. c) It underperformed

What does a negative Sharpe Ratio tell you about a portfolio?
a) It underperformed the risk-free asset.
b) None of the above.
c) It underperformed the benchmark.
d) It underperformed other portfolios.

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