Question: A risky portfolio with a 21% standard deviation generated a return of 11.6% last year when T-bills were paying 4.5%. The CAL connecting the risky
A risky portfolio with a 21% standard deviation generated a return of 11.6% last year when T-bills were paying 4.5%. The CAL connecting the risky portfolio and the risk free investment has a Sharpe ratio of ( (keep 2 decimal places)
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