Question: An analyst estimated that stock A will have an expected return of 11.1% next year. He also estimated that the standard deviation of this stock

 An analyst estimated that stock A will have an expected return

An analyst estimated that stock A will have an expected return of 11.1% next year. He also estimated that the standard deviation of this stock will be 21.7% next year. Assuming that the risk-free rate is 3.2%, the Sharpe Ratio of stock A must be (Round your answer to two decimal places)

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