Question: D ) A portfolio manage oversees a fund. The average annualized return of the portfolio over the last couple of years is 8 . 5

D) A portfolio manage oversees a fund. The average annualized return of the portfolio over the last couple of years is 8.5%. if the beta of the portfolio is 1.5, the return of the market is 6% and the risk-free rate is 3%. Is this manager "beating the market" over this period? (10 points)
D) A portfolio manage oversees a fund. The average annualized return

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