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During the past year, the stock market had a return of 8%, while the risk-free rate of return was 3%. Fund B had a realized
During the past year, the stock market had a return of 8%, while the risk-free rate of return was 3%. Fund B had a realized return of 12%, a standard deviation of 15, and a beta of 1.20.
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To calculate Jensens alpha for Fund B we need to use the Capital ...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
