See the exhibit below for the Parnassus Fund (PARNX). The row "Category=: LG" represents the...

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See the exhibit below for the Parnassus Fund (PARNX). The row "Category=: LG" represents the large cap growth universe that serves as the benchmark for the fund. 3-Year 5-Year 10-Year 15-Year Treynor Ratio Currency Index R-Squared Beta Alpha 10-Year Trailing vs. Standard Index S&P 500 TR USD 84.67 1.18 1.40 8.12 USD PARNX Category: LG 07/31/2017 S&P 500 TR USD 88.18 1.02 0.29 7.41 USD Answer both Part A and Part B. Part A: Given the information in the exhibit, does the fund have more or less systematic risk than the benchmark? Explain your answer. Part B: Given the information in the exhibit, is the fund an attractive or unattractive investment? Explain your

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