For stock ZZZ, the average excess return is 0.0544 (or 5.44%), and the variance of excess returns

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For stock ZZZ, the average excess return is 0.0544 (or 5.44%), and the variance of excess returns is 0.0117072. If the average risk-free rate is 0.0213 (or 2.13%) over the time period.

Calculate the Sharpe ratio for the stock.

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Jun 09, 2023 01:11 AM

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For stock ZZZ, the average excess return is 0.0544 (or 5.44%), and the variance of excess returns

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The excess return is the average excess return minus the riskfree ra... View the full answer

Fundamentals of Financial Management

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