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a bond manager uses the S&P 500 index as performance benchmark
A. clarity
B.investability
C. compatability


Sagot :

Answer: compatibility

Explanation:

Performance benchmarking is the gathering and the comparing of quantitative data and it's typically the first step that is used by organizations I the identification of performance gaps.

When a bond manager uses the S&P 500 index as performance benchmark, in this case, the criterion of compatibility has been violated.