Over the past 5 years the market has had an average monthly return of 1.24% and...
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Over the past 5 years the market has had an average monthly return of 1.24% and a standard deviation of 6.603%. The average monthly return on short-term government debt is 0.181%. Suppose you are a portfolio manager for a large fund that earned 2.278 % on average per month with a standard deviation of 11.239%. What is the M² measure of performance for your fund? Over the past 5 years the market has had an average monthly return of 1.24% and a standard deviation of 6.603%. The average monthly return on short-term government debt is 0.181%. Suppose you are a portfolio manager for a large fund that earned 2.278 % on average per month with a standard deviation of 11.239%. What is the M² measure of performance for your fund?
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Answer rating: 100% (QA)
The M measure of performance also known as the ModiglianiModigliani Measure or the RiskAdjusted Perf... View the full answer
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date:
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