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When using alpha values to compare portfolios, a . one can compare funds from different categories only when adjusting for risk. b . one may

When using alpha values to compare portfolios,

.

one can compare funds from different categories only when adjusting for risk.

.

one may compare funds from different categories.

.

one cannot compare funds from different categories.

.

one can compare portfolios from different categories only if the beta is available as well.

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