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Which index should Jan use as a benchmark when evaluating the performance of her XYZ mutual fund?
Index 1 Index 2 Index 3 Index 4
Beta 0.75 1.1 1.25 1.5
r-squard 0.80 0.90 0.95 0.50
a.) Index 1
b.) Index 2
c.) Index 3
d.) Index 4
Please explain.
Financial Management, Finance
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