III English (en) - Nayla Ebrahim JUUUU 50:50 Biii X 14 80000 13 40000 The following data are available relating to the performance of Long Horn Stock Fund and 12 20000 the market portfolio: 11 10000 10 5000 9 4000 Market 8 2000 Long Horn Portfolio 7 1500 Average return 19% 12% 6 1000 Standard deviations of returns 35% 15% 5 500 Beta 1.5 1.0 4 400 Residual standard deviation 3.0% 0.0% 3 300 200 The risk-free return during the sample period was 6%. 1 * 100 Calculate the Jensen measure of performance evaluation for Long Horn Stock Fund.