Question: R _ A = 1 4 % , R _ M = 1 2 % , and R _ F = 4 % . If

R_A =14%, R_M =12%, and R_F =4%.If Beta_A =1.25, Jensen's Alpha for A is
a.
2%
b.
2.5%
c.
0.25%
d.
0%
e.
0.5%

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