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Which of the following statements is correct? Choose all that are correct. The Sharpe ratio is a risk-adjusted performance measure. The Sharpe ratio measures compensation

Which of the following statements is correct? Choose all that are correct.

The Sharpe ratio is a risk-adjusted performance measure.

The Sharpe ratio measures compensation for the total risk an investor takes on.

The Sharpe ratio is also called the variability-to-reward ratio.

The higher the Sharpe ratio, the more investors are rewarded per unit of risk.

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