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Assume that you have a series of 12 raw monthly returns in excess of the risk-free rate. The mean monthly return that you calculate is

image text in transcribed Assume that you have a series of 12 raw monthly returns in excess of the risk-free rate. The mean monthly return that you calculate is -0.002 . The monthly standard deviation of this return series is 0.189 . The beta of this return series is 1.48 . What is the monthly Treynor ratio of this return series? Round your answer to three decimal places

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