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17. The expected return on the market is 12%, and T-bills offer a 1% return. If the actual return on a portfolio is 13% and
17. The expected return on the market is 12%, and T-bills offer a 1% return. If the actual return on a portfolio is 13% and the beta is 1.5. What is the alpha? Does it over perform or under perform the CAPM model?
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