Question: Two portfolio managers are comparing performance. Manager A averaged an 18% rate of return and manager B averaged a 15% rate of return. However, the

Two portfolio managers are comparing performance. Manager A averaged an 18% rate of return and manager B averaged a 15% rate of return. However, the beta of the first manager (A) was 1.4, whereas that of the second (B) was 1.1. If the T-bill rate were 6% and the market return during the period were 14%, which manager was the superior stock selector

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