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Franco & Leah Modigliani have designed the M measure. What is the M value of the portfolio P 1 ((1))-2.0%; (2) -1.5%; (3) -1.0 %

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Franco & Leah Modigliani have designed the M measure. What is the M value of the portfolio P 1 ((1))-2.0%; (2) -1.5%; (3) -1.0 % ; (4) -0.5%; (5) +0.5%; 1 (6) +1.0 % ; (7) +1.5%; (8) +2.0%; Average rate of return Standard Deviation of daily returns Riskfree rate Portfolio P Market portfolio M 16% 20% 10% 15% 5%

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