Give typing answer with explanation and conclusion A mutual fund earned an average annual return of 9.0% over the last 5 years. During that time, the average risk-free rate was 0.8% and the average market return was 6.7%. If the fund has beta of 0.96, what was its annual alpha? Answer in percent, rounded to two decimal places. (e.g., 4.32% = 4.32).
Give typing answer with explanation and conclusion A mutual fund earned an average annual return of 9.0% over the last 5 years. During that time, the average risk-free rate was 0.8% and the average market return was 6.7%. If the fund has beta of 0.96, what was its annual alpha? Answer in percent, rounded to two decimal places. (e.g., 4.32% = 4.32).
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter2: Descriptive Statistics
Section: Chapter Questions
Problem 17P: Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual...
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Give typing answer with explanation and conclusion
A mutual fund earned an average annual return of 9.0% over the last 5 years. During that time, the average risk-free rate was 0.8% and the average market return was 6.7%. If the fund has beta of 0.96, what was its annual alpha? Answer in percent, rounded to two decimal places. (e.g., 4.32% = 4.32).
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