Question: 5 points Ally Corp. has annualized returns over the past three years of the following: Year 1: 11% Year 2: 13% Year 3:21% The risk-free
5 points Ally Corp. has annualized returns over the past three years of the following: Year 1: 11% Year 2: 13% Year 3:21% The risk-free rate is currently 24. Please enter Ally Corp's Sharpe Ratio below, calculated using the prior 3 years of data (calculate average arithmetic NOT geometric return, for the average return portion of the formula. Use the sample Excel standard deviation formula 'stdev. calculate volatility if needed) Round your answer to two decimal points
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
