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The net income of the firm is reported as $2,859. Capital expenditures increased by $492, depreciation is $1,804 and the non-cash working capital decreased by

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The net income of the firm is reported as $2,859. Capital expenditures increased by $492, depreciation is $1,804 and the non-cash working capital decreased by $980. If the firm issued $910 of new debt and repaid $472 of existing debt, what is the free cash flow to the equity holders (FCFE) of the firm? The following data is available relating to the performance of a hedge fund and the market portfolio. The risk-free rate of return during the sample period was 4.57%. What is the Jensen measure of performance evaluation (in percentage) for the hedge fund? Hedge Fund Market Portfolio Average return 16.87% 7.47% Standard deviations of returns 38.10% 8.96% Beta 1.09 1.00

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