Which of the following would be the most appropriate benchmark to use for hedge fund evaluation? a.

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Which of the following would be the most appropriate benchmark to use for hedge fund evaluation?
a. A multifactor model.
b. The S&P 500.
c. The risk-free rate.

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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