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The following data are available relating to the performance of Seminole Fund and the market portfolio: Market Seminole Portfolio 18% 14% 22% 1.4 1.0 4.0%

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The following data are available relating to the performance of Seminole Fund and the market portfolio: Market Seminole Portfolio 18% 14% 22% 1.4 1.0 4.0% 0.0% Average return Standard deviations of returns Beta Residual standard deviation 30% The risk-free return during the sample period was 6%. Calculate the M2 measure for the Seminole Fund. Multiple Choice o 4.0% o 20.0% o 2.86% o 0.8% o 40.0%

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