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When is it appropriate to use a Sharpe ratio for performance evaluation? A. When the investor is not exposed to the total risk of the
When is it appropriate to use a Sharpe ratio for performance evaluation?
A. When the investor is not exposed to the total risk of the portfolio.
B. When seeking the best risky investment for a complete portfolio.
C. When the investment is one of many to be included in a diversified portfolio.
D. When the relevant risk is defined in terms of market movements.
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