The Carmignac Patrimoine mutual fund earned a 6% return last year and had a beta of 1.25.
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The Carmignac Patrimoine mutual fund earned a 6% return last year and had a beta of 1.25. The New Germany fund earned a return of 8.5% and had a beta of 1.5. The riskfree rate was 1%, and the market return was 4%. Did either fund earn an abnormal return? Positive or negative?
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Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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