Question: Based on the model Af(0.062, 0.018) for quarterly returns from Exercise 23, what are the cut-off values for the a) Highest 10% of these funds?

Based on the model Af(0.062, 0.018) for quarterly returns from Exercise 23, what are the cut-off values for the
a) Highest 10% of these funds?
b) Lowest 20%?
c) Middle 40%?
d) Highest 80%?

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