Question: Click to see additional instructions Find Jensen's Alpha given the following data for a mutual fund. The average risk-free rate=1% and average return on the
Click to see additional instructions Find Jensen's Alpha given the following data for a mutual fund. The average risk-free rate=1% and average return on the market=11%. Ave. portfolio return=10%, Beta=0.8, Ave. benchmark return=8%, standard deviation of returns=18%, tracking error=10%. Give your answer as a percent and to the nearest 0.01% (e.g. type 3.25 if your answer is three and a quarter percent). %
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