Question: Question 7 1 : ( 3 points ) An inappropriate performance benchmark to evaluate the performance of a perfectly hedged zero - cost Long -

Question 71: (3 points)
An inappropriate performance benchmark to evaluate the performance of a perfectly hedged zero-cost Long-Short portfolio would be:
(a) Currency return.
(b) Market return.
(c) Index fund return.
(d) Industry ETFs.
(e) Warren Buffet's value-tilted portfolio.

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