Question: Which index should Marvin use as a benchmark when evaluating the performance of his mutual fund? Index 1 : Beta 0 . 4 6 ,

Which index should Marvin use as a benchmark when evaluating the performance of his mutual fund?
Index 1: Beta 0.46,r-squared 0.33
Index 2: Beta 1.56,r-squared 0.40
Index 3: Beta .75, r-squared 0.72
Index 4: Beta 1.35, r-squared 0.58
Index 1
Index 2
Index 3
Index 4

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