Your friend is a hedge fund manager. He tells you that he has earned 6% returns on

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Your friend is a hedge fund manager. He tells you that he has earned 6% returns on average above the S&P 500 return over the past five years, so he doesn’t believe in efficient market. Do you agree with him? Explain.

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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

ISBN: 978-0078024061

5th edition

Authors: Frederick S. Hillier, Mark S. Hillier

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Posted Date: Mar 15, 2024 01:01 AM

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Your friend is a hedge fund manager. He tells you that he has earned 6% returns on

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our friends statement suggests that he has consistently outperformed the average returns of the SP 500 index by 6 over the past five years He uses thi... View the full answer

Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

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