Question: An analyst estimated that stock A will have an expected return of 12.7% next year. He also estimated that the standard deviation of this stock
An analyst estimated that stock A will have an expected return of 12.7% next year. He also estimated that the standard deviation of this stock will be 22.1% next year. Assuming that the risk- free rate is 2.7%, the Sharpe Ratio of stock A must be (Round your answer to two decimal places)
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