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You are comparing three securities and discover they all have identical Treynor ratios. Given this information, which one of the following must be true regarding these three securities?
Right to Electricity
The recognition of access to electricity as a fundamental human right due to its essential role in modern life.
Freedom of Religion
The right of individuals to practice any religion of their choice, or none at all, without government interference.
International Monetary Fund
An international organization that provides financial assistance and advice to member countries, aiming to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Monetary Relationships
Refers to the interconnections between various financial aspects within an economy, such as the dynamics between interest rates, inflation, and exchange rates.
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