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Which of the following statements is correct? High-yield mutual bond funds are affected by both interest rate changes and changes in the economic performance of
Which of the following statements is correct?
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High-yield mutual bond funds are affected by both interest rate changes and changes in the economic performance of the company issuing the bonds.
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Risk-adjusted performance can best be measured by beta.
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An investor who wants to rank a list of diversified mutual funds can feel comfortable using the Treynor index.
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If an investor wants to rank a list of sector funds, the Treynor index is more appropriate than the Sharpe ratio.
a. II only b. I and IV only c. I and III only d. II and IV only
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