Question: Use the following table to answer the question below. Expected ret. std. dev. S&P500 13% 25% ABC Fund 20% 29% T-bill 4% Borrow 8% What
Use the following table to answer the question below.
| Expected ret. | std. dev. | |
| S&P500 | 13% | 25% |
| ABC Fund | 20% | 29% |
| T-bill | 4% | |
| Borrow | 8% |
What is the highest fee that a client who is currently borrowing would be willing to pay to invest in ABC fund instead of S&P500?
Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.
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