Please answer A and B and show work.

A portfolio Manager summarizes the input from the macro and micro forecasters in the following table: Stock A Stock Stock Stock D Microonest Expoated Return 21 1.4 18 2. 17 1.2 13 1.3 Ressual Standard Deviation 51 62 54 44 Ast T-bulls Passive equity portfolio Macro Forecasts Expected Return (Standard Devision 10 15 Calculate the following for a portfolio manager who is not allowed to short sell securities. The managers Sharpe ratio is 02394 o. What is the cost of the restriction in terms of Sharpes measure? (Do not round intermediate calculations. Enter your answer as decimals rounded to 4 places.) Cont of restriction b. What is the utility loss to the investor (A = 3.6) given his new complete portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Utility Levels Uncontre Constrained Pasovo A portfolio Manager summarizes the input from the macro and micro forecasters in the following table: Stock A Stock Stock Stock D Microonest Expoated Return 21 1.4 18 2. 17 1.2 13 1.3 Ressual Standard Deviation 51 62 54 44 Ast T-bulls Passive equity portfolio Macro Forecasts Expected Return (Standard Devision 10 15 Calculate the following for a portfolio manager who is not allowed to short sell securities. The managers Sharpe ratio is 02394 o. What is the cost of the restriction in terms of Sharpes measure? (Do not round intermediate calculations. Enter your answer as decimals rounded to 4 places.) Cont of restriction b. What is the utility loss to the investor (A = 3.6) given his new complete portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Utility Levels Uncontre Constrained Pasovo