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Which of the following statements regarding the coefficient of variation and Sharpe ratio is NOT true? Group of answer choices Sharper ratio is calculated by

Which of the following statements regarding the coefficient of variation and Sharpe ratio is NOT true?

Group of answer choices

Sharper ratio is calculated by dividing the risk premium by standard deviation.

Coefficient of variation is more commonly used to comparing investments than Shaper ratio.

The higher the Sharpe ratio, the better the investment.

The lower the coefficient of variation, the better the investment.

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