The Following Data Are Available Relating to the Performance of Long

question 82

Multiple Choice

The following data are available relating to the performance of Long Horn Stock Fund and the market portfolio: The risk-free return during the sample period was 6%. Calculate the Jensen measure of performance evaluation for Long Horn Stock Fund.

• A)1.33%
• B)4.00%
• C)8.67%
• D)31.43%
• E)37.14%

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Definitions:

Face-To-Face

A method of communication or interaction between individuals that occurs in person, rather than through electronic means or written correspondence.

Idiosyncrasy Credits

The leeway or tolerance a person earns over time within a group by conforming to group norms, allowing them later to deviate without severe repercussions.

Minority Dissenters

Minority dissenters are individuals in a group who express differing or opposing views from the majority, often contributing to group diversity of thought and decision-making processes.

Group Members

Individuals who belong to a particular group or team, sharing common goals, responsibilities, or interests.