Explain the Characteristic Line in Excess Return Form for the Jensen

question 25

Essay

Explain the characteristic line in excess return form for the Jensen alpha measure.

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Definitions:

Affidavit

A documented declaration verified through oath or affirmation, intended for utilization as proof in legal proceedings.

Written Statement

A documented declaration or assertion made by an individual, often sworn to be true, and used as evidence in legal proceedings.

Allegation

A claim or assertion that someone has done something illegal or wrong, typically made without proof.

Clear

Transparent or easy to understand; not clouded or obscured.