The following returns were earned last year: Fund A, 10%, Fund B, 20%,

The following returns were earned last year: Fund A, 10%, Fund B, 20%, the overall market, 11%. Fund A’s beta was 0.8 while Fund B’s was 2.0. Therefore, both funds would have been good investments.

Indicate whether the statement is true or false

 

 

ANSWER

FALSE

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