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You are given the following for last year: The stock market index had a return of 10% with a standard deviation of return of 14%.

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You are given the following for last year: The stock market index had a return of 10% with a standard deviation of return of 14%. An actively-managed portfolio (X) had a return of 16% with a standard deviation of 28%. The risk-free interest rate last year was 2%. What was the M-squared measure for portfolio X? O O O O O

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