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You want to evaluate three mutual funds using the Treynor measure for performance evaluation. The risk-free return during the sample period is 6%. The average

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You want to evaluate three mutual funds using the Treynor measure for performance evaluation. The risk-free return during the sample period is 6%. The average returns, standard deviations, and betas for the three funds are given below, in addition to information regarding the S&P 500 Index. Fund A Fund B Fund C S&P 500 Average Standard Return Deviation Beta 13% 10% 0.5 19% 20% 1.0 25% 30% 1.5 18% 16% 1.0 The fund with the highest Treynor measure is

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