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Suppose a portfolio & the market have each had the following returns over 4 years: PF Mkt 2017 13.5% 18% 2018 9% 12% 2019 1.5%

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Suppose a portfolio & the market have each had the following returns over 4 years: PF Mkt 2017 13.5% 18% 2018 9% 12% 2019 1.5% 2% 2020 7% 10% For this year (2021), you expect to earn 8.75% from the portfolio, and the market looks to earn 8%. Meanwhile T-bill rates climb to 2%. What do you expect your Alpha to be for this year? (Indicate "+" or "-" Alpha)... Is this a good portfolio to own

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