Question: Your portfolio returned 11.9% last year, with a beta equal to 1.6. The market return was 8.8%, and the risk-free rate 6.3%. Did you earn
Your portfolio returned 11.9% last year, with a beta equal to 1.6. The market return was 8.8%, and the risk-free rate 6.3%. 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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