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Last year the portfolio you manage had a return of 16% and a standard deviation of 15%, and the market benchmark had a return of
Last year the portfolio you manage had a return of 16% and a standard deviation of 15%, and the market benchmark had a return of 16% and a standard deviation of 23%. If the risk-free rate was 3%, what was the M-squared measure for the portfolio you manage? Enter your answer in decimal format accurate and expressed rounded to the nearest 4 decimal places
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