Question
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .96.
| Year | Fund | Market | Risk-Free | |||
| 2015 | 14.85 | % | 29.50 | % | 3 | % |
| 2016 | 25.10 | 20.00 | 5 | |||
| 2017 | 12.90 | 10.90 | 2 | |||
| 2018 | 7.20 | 8.00 | 5 | |||
| 2019 | 1.50 | 3.20 | 3 | |||
|
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
7th Edition
0073368717, 978-0073368719
