Question: Your portfolio returned 11.5% last year, with a beta equal to 2.2. The market return was 8.6%, and the risk-free rate 3.5%. Did you earn

Your portfolio returned 11.5% last year, with a beta equal to 2.2. The market return was 8.6%, and the risk-free rate 3.5%. Did you earn more or less than the required rate of return on your portfolio? (Use Jensen's measure.) The Jensen's measure for your portfolio is %. (Round to two decimal places.)
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