The following data are available on the performance of Semin…
Questions
The fоllоwing dаtа аre available оn the performance of Seminole Fund and the market portfolio: Seminole Fund Market Portfolio Average Return 16% 10% Standard Deviation of Returns 28% 24% Beta 1.20 1.00 Residual Standard Deviation 6% 0% Assuming that the risk-free return during the sample period was 4%, calculate the M2 measure for the Seminole Fund.