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Bruce is a professional money manager. His portfolio's realized return over the past year was 7.3%. If the overall stock market returned 2.5%, T-Bills returned
Bruce is a professional money manager. His portfolio's realized return over the past year was 7.3%. If the overall stock market returned 2.5%, T-Bills returned 2.2%, and Bruce's portfolio beta was 1.2, what was the ABNORMAL return for his portfolio? Enter your answer as a decimal showing four decimal places. That is, if your answer is 5.25%, enter .0525.
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