Question: Given the following expected returns for a portfolio, Period Return 1 2% 2 4% 3 5% 4 9% what is the Safety-first ratio if the
Given the following expected returns for a portfolio,
| Period | Return |
| 1 | 2% |
| 2 | 4% |
| 3 | 5% |
| 4 | 9% |
what is the Safety-first ratio if the threshold level is 3%?
Report your answer in decimal form to four decimal places.
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