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Ex post & ante alphas At the beginning of the year, a fund's ex ante expected return is 1 3 . 5 % , and

Ex post & ante alphas
At the beginning of the year, a fund's ex ante expected return is 13.5%, and the expected return on the market is
12.8%. The risk-free rate is 2.3%. At the end of the year, the fund's realized return is 14.1%, and the market return
is 11.3%. The fund's beta is 0.7.
a. What is the ex ante alpha?
%
Round your answer to two decimals
b. What is the ex post alpha?
%
Round your answer to two decimals
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