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The return on an ETF was 16.15% at a time when the riskfree rate was 3.15%. The beta of the ETF portfolio averaged 1.05. What

The return on an ETF was 16.15% at a time when the riskfree rate was 3.15%. The beta of the ETF portfolio averaged 1.05. What was the Treynor measure for the ETF?

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