5. What is the Jensen alpha measure for the portfolio?

R_{portfolio actual} = 20% St. Dev. _portfolio = 30% Beta_portfolio = 1.5

R_Market = 15% St. Dev. _Market = 19%

T-Bills Rate = 2%

A) -1.5%

B) -0.5%

C) 0%

D) 0.5%

E) 1.5%