alleryStart learning →Of funds in the top quartile in 1983 to 1993, what share stayed there in 1993 to 2003?
AAbout 50%
BAbout 90%
CAbout 28.57%
DAbout 100%
Answer & Solution
Correct answer: C. About 28.57%
Only 28.57% of the top-quartile funds stayed in the top quartile, so past rank was a weak guide.
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