Calculate the M2 measure using the following information: Average portfolio return = 16% Portfolio standard...

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Finance

Calculate the M2 measure using the following information:

Average portfolio return = 16%

Portfolio standard deviation = 25%

Average market return = 10.5%

Market standard deviation = 20%

Average risk free rate = 4%

Express your answer in decimal notation (e.g., 0.0123 for 1.23%)

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