What is the jensen measure

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LaForge Investment Group will use the risk-adjusted rate of return to assist it in arriving at the Jensen's Measure for the year. Its beta coefficient for the portfolio is 1.3, the risk-free rate is 1.5%, and the market, as measured by the S&P 500, returned 9%. During the year the portfolio returned 13%. What is the Jensen's Measure?

Reference no: EM132515568

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