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Mathematics, 28.12.2021 14:00 luclaymom805
a mutual fund earned an average annual return of 6.5% over the last 5 years. during that time, the average risk-free rate was 0.8% and the average market return was 11.1%. if the fund has beta of 0.75, what was its annual alpha? answer in percent, rounded to two decimal places.
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