Question: please answer asap You are provided the monthly returns data for an investment fund and its benchmark for the last five months. The fund returned
please answer asap You are provided the monthly returns data for an investment fund and its benchmark for the last five months. The fund returned 2.6%, 0.3%, 2.1%, 0.8%, and -2.3% in these five months respectively. The benchmark returned 1.5%, 0.4%, 0.4%, 0.5%, and -1.0% in the corresponding five months. The risk-free asset has an effective annual return (EAR) of 1% during these five months. The beta of the fund is 0.7364. What is the M2 Measure of the fund using annualized numbers?
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