FIN 320 Quiz 7
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25. Perfect-timing ability is equivalent to having __________ on the market portfolio.<br />
26. Which one of the following averaging methods is the preferred method of constructing returns<br />
series for use in evaluating portfolio performance?<br />
27. The comparison universe is __________.<br />
28. Which one of the following performance measures is the Sharpe ratio?<br />
29. The M2 measure of portfolio performance was developed by ______________.<br />
30. Empirical tests to date show ______________.
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