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Selected Risk and Return Data Return Beta Hot Rize 11.4 2.4 Greensky 6.0 0.7 Market 8.0 1 Risk Free 2.5 0 The table presents performance
Selected Risk and Return Data | ||
Return | Beta | |
Hot Rize | 11.4 | 2.4 |
Greensky | 6.0 | 0.7 |
Market | 8.0 | 1 |
Risk Free | 2.5 | 0 |
The table presents performance data for two mutual funds over the last 5 years: the Hot Rize fund and the Greensky fund. The table also includes information on the returns of the market index and risk free asset over the same period. If you had invested in the market portfolio and the risk free asset in such a way as to match the beta of Hot Rize, then what return would you have earned? (Enter your answer in percentage form rounded to one decimal place.)
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