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Comparing hedge fund performance during the time period 2002-2010 to earlier time periods, how would monthly alpha compare, if looking at large hedge funds?
AAlpha was higher in the 2002-2010 time period
BAlpha remained constant over both time periods
CA “foresight-assisted” portfolio did not have a statistically significant alpha during the 2002-2010 time period
DThere was a decline in alpha in the 2002-2010 time period
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