Question
The return from the market last year was 9% and the risk-free rate was 4.5%. A hedge fund manager with a beta of 0.7 had
The return from the market last year was 9% and the risk-free rate was 4.5%. A hedge fund manager with a beta of 0.7 had an alpha of 4%. What is the return that the hedge fund manager earns?
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
