Question: Which index should Reid use as a benchmark when evaluating the performance of his mutual fund? a . Index 1 . beta 0 . 5

Which index should Reid use as a benchmark when evaluating the performance of his mutual fund?
a. Index 1.
beta 0.56 rsquared 0.65
b. Index 2.
beta 0.96
r squared 0.83
c. Index 3.
beta 1.56
rsquared 0.74
d. Index 4
beta 0.75
rsquared 0.98

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