Question: An equity mutual fund s average annual return over the last 5 years is 1 8 % , and the standard deviation of annual returns

An equity mutual funds average annual return over the last 5 years is 18%, and the standard deviation of annual returns is 25%. The fund Beta is 1.2. The risk-free rate over that period was 7%. The average annual market return was 13%. What is Jensens Alpha for this fund?

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