Question: ( Summer 2 0 2 4 ) Save & Exit 2 9 8 0 0 . 1 1 : 1 8 You invest $ 1
Summer Save & Exit:You invest $ of your own money and borrow $ at interest, making the total investment $ with a leverage ratio of Given the tollowing outcontesIf the market performs well: You receive $ and repav the $ loan. leaving vou with $ which is a $ gain If the market performs poorly: You receive $ and repay the $ loan, leaving you with $ which is a $ lossThe expected value of your final wealth is $ with a net gain of $Given this setup, calculate the Sharpe Ratio, defined as the expected return divided by the standard deviation of the return. Choose the closest value
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