[Solved] The critical variable in the determination of the success of the active portfolio is

Q.	The critical variable in the determination of the success of the active portfolio is
A.	Jensen’s Alpha / Non-Systematic Risk
B.	Jensen’s Alpha / Systematic Risk
C.	Gamma / Non-Systematic Risk
D.	Gamma / Systematic Risk
Answer» A. Jensen’s Alpha / Non-Systematic Risk

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Security Analysis and Investment Management

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