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Bruce is a professional money manager. His portfolio's realized return over the past year was 4.9%. If the overall stock market returned 8.1%, T-Bills returned
Bruce is a professional money manager. His portfolio's realized return over the past year was 4.9%. If the overall stock market returned 8.1%, T-Bills returned 2.6%, and Bruce's portfolio beta was 1.7, 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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