Question: Your portfolio returned 14.1% last year, with a beta equal to 1.8. The market return was 11.0%, and the risk-free rate 5.1%. Did you earn

 Your portfolio returned 14.1% last year, with a beta equal to

Your portfolio returned 14.1% last year, with a beta equal to 1.8. The market return was 11.0%, and the risk-free rate 5.1%. 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 1% (Round to two decimal places.) You earned the required rate of return on your portfolio. (Select from the drop-down menu.)

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