Two investment advisers are comparing performance. Adviser A averaged a 20% return with a portfolio beta of 1.5, and adviser B averaged a 15% return with a portfolio beta of 1.2. If the T-bill rate was 5% and the market return during the period was 13%, which adviser was the better stock picker?
A. Advisor A was better because he generated a larger alpha.
B. Advisor B was better because she generated a larger alpha.
C. Advisor A was better because he generated a higher return.
D. Advisor B was better because she achieved a good return with a lower beta.
A. Advisor A was better because he generated a larger alpha.
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For Revenues, the category of account and its normal balance is ________
A) equity and a credit balance B) assets and a debit balance C) assets and a credit balance D) equity and a debit balance
In the minimal-spanning tree technique, if there is a tie for the nearest node, that suggests that there may be more than one optimal solution
Indicate whether the statement is true or false
A person who buys a copyrighted work cannot sell it to someone else
Indicate whether the statement is true or false