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Business, 30.03.2020 19:36 jose0765678755

Two investment advisers are comparing performance. One averaged a 19% rate of return and the other a 16% rate of return. However, the beta of the first investor was 1.5, whereas that of the second investor was 1. a. Can you tell which investor was a better selector of individual stocks (aside from the issue of general movements in the market)

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Two investment advisers are comparing performance. One averaged a 19% rate of return and the other a...
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