Last year, mutual fund, VALU, reported 16% return, 26% standard deviation, and 1.15 beta while the market

index had 12% return and 22% standard deviation. What is VALU's Jensen's alpha?

Last year, mutual fund, VALU, reported 16% retum, 26% standard deviation, and 1.15 beta while the market index had 12% retum and 22% standard deviation. What is VALU's Jensen's alpha? A. 0.028 B. -0.021 C. -0.014 D. 0.005