NO.PZ2019042401000023
问题如下:
Using the following data for funds W, X, Y, and Z:
The ralated risk-free rate was 3%. Rank the funds from LOW to HIGH using Jensen's alpha.
选项:
A.Y, Z,W, X.
B.Y, X, Z, W.
C.W, Y, X, Z.
D.W, X, Y, Z.
解释:
C is correct.
考点: Jensen's alpha.
解析:CAPM Returns:
所以这里的Jensen's alpha指的就是expected return吗?