Question: Two investment advisers are comparing performance. Advisor A averaged a 20% return with a portfolio beta of 1.5, and adviro B averaged a 15% return

Two investment advisers are comparing performance. Advisor A averaged a 20% return with a portfolio beta of 1.5, and adviro B averaged a 15% return with a portfolio beta of 1.2. If the T-bill rate was 5% and the market return druing the period was 13%. Which advisor was the better stock picker?

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