Question: solve it correctly and take a thumb up! You have run a regression of stock returns against market returns, using monthly data over the last

solve it correctly and take a thumb up!
solve it correctly and take a thumb up! You have run a

You have run a regression of stock returns against market returns, using monthly data over the last three years for Book scape. The regression equation is reproduced below: Returns Book = - 0.02 + 0.6 (Returns S&P 500) Assuming that the average risk free rate during the period was 0.055, estimate the Jensen's alpha for this stock, in annualized terms

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