An investor gathers the following information about a portfolio and the market. | | Return Standard | Deviation of Returns | Beta | |----------------|------------------|-----------------------|------| | Portfolio | 11% | 4% | 1.2 | | Market | 10% | 3% | 1.0 | If the risk-free rate is 3%, Jensen's alpha for the portfolio is: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz