The average returns, standard deviations, and betas for Fund Y and the S&P500 are as follows:

	Average Return	Standard Deviation	Beta
Fund Y	0.25	0.35	1.3
S&P500	0.14	0.20	1.0

The risk-free rate is 0.05. What is the M² measure for Fund Y?

Answers should be expressed in decimal form rounded to the nearest ten thousandth (0.0001) - for example, enter 1.2345% as 0.0123. Intermediate results should not be rounded to less than 8 decimal places unless instructed otherwise.