Question: Expected Return Standard Deviation Portfolio P 14% 22% Market (M) 10% 16% The table above contains the return and standard deviation for Portfolio P and
| Expected Return | Standard Deviation | |
| Portfolio P | 14% | 22% |
| Market (M) | 10% | 16% |
The table above contains the return and standard deviation for Portfolio P and the benchmark Market portfolio. Assuming a risk-free rate of 2.8%, calculate the M-square measure for Portfolio P.
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