Chee Chew's portfolio has a beta of 1.23 and earned a return of 13.7% during the year just ended. The risk-free rate is currently 4.1%. The return on the market portfolio during the year just ended was 11.1%. a. Calculate Jensen's measure (Jensen's alpha) for Chee's portfolio for the year just ended. b. Compare the performance of Chee's portfolio found in part a to that of Carri Uhl's portfolio, which has a Jensen's measure of - 0.15. Which portfolio performed better? Explain. c. Use your findings in part a to discuss the performance of Chee's portfolio during the period just ended. a. The Jensen's measure (Jensen's alpha) for Chee's portfolio is a. (Round to two decimal places.) X That's incorrect. To calculate the Jensen's measure, use the following formula: Total portfolio Risk-free Portfolio Market Risk-free Jensen's measure = 11 return rate beta return rate OK