Question: The Roadrunner Financial Group generated a 12.2% return during the year. We may assume the R-Squared with the market return is 0.81, so we

The Roadrunner Financial Group generated a 12.2% return during the year. We may assume the R-Squared with the

The Roadrunner Financial Group generated a 12.2% return during the year. We may assume the R-Squared with the market return is 0.81, so we can use Jensen's Alpha to assess the performance of this student managed fund. Assume the risk free rate was 2.5% during the year and the market return was 11.25% during the year. Calculate Jensen's alpha given the fund's beta is 1.21.

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