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You are an active portfolio manager for a large hedge fund. The overall return on your portfolio for the year is 25 percent. What is

You are an active portfolio manager for a large hedge fund. The overall return on your portfolio for the year is 25 percent. What is your fund's alpha if the the risk-free rate is 5 percent, the Beta for you portfolio is 1.50 and the market risk premium is 10 percent?

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