Question: An analyst estimated that stock A will have an expected return of 13.8% next year. He also estimated that the standard deviation of this stock
An analyst estimated that stock A will have an expected return of 13.8% next year. He also estimated that the standard deviation of this stock will be 23.6% 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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