Question: 5 pts Question 8 Consider the following returns for Security J. Security K, and the Market: Year Security Security Market 1 1096 1296 696 2
5 pts Question 8 Consider the following returns for Security J. Security K, and the Market: Year Security Security Market 1 1096 1296 696 2 14% 8% 1096 3 12% 16% 14% 4 896 10% 496 5 20% 22% 16% Assume that expected returns are modeled as average past returns, and required returns are modeled using CAPM. The risk-free rate was 4.0%. Given this information, determine Jensen's Alpha for Security J. Enter your answer is decimal format, to 4-decimal places, truncated. For example, if your answer is 12.236%, enter "0.1223
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