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You are provided the monthly returns data for an investment fund and its benchmark for the last five months. The fund returned 2.7%, 0.2%, 2.2%,

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You are provided the monthly returns data for an investment fund and its benchmark for the last five months. The fund returned 2.7%, 0.2%, 2.2%, 0.7%, and -2.4% in these five months respectively. The benchmark returned 1.5%, 0.4%, 0.4%, 0.5%, and - 1.0% in the corresponding five months. The risk-free asset has an effective annual return (EAR) of 1% during these five months. The beta of the fund is 0.7541. What is the M2 Measure of the fund using annualized numbers? 4.3158% 4.4237% 4.5316% 4.6395% 4.7474% You are provided the monthly returns data for an investment fund and its benchmark for the last five months. The fund returned 2.7%, 0.2%, 2.2%, 0.7%, and -2.4% in these five months respectively. The benchmark returned 1.5%, 0.4%, 0.4%, 0.5%, and - 1.0% in the corresponding five months. The risk-free asset has an effective annual return (EAR) of 1% during these five months. The beta of the fund is 0.7541. What is the M2 Measure of the fund using annualized numbers? 4.3158% 4.4237% 4.5316% 4.6395% 4.7474%

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