8.

Bailey is examining a portfolio held by Talen's Trivial Takeaways, LLC., and has determined: Portfolio EXCESS return = 0.083, Variance of Portfolio EXCESS returns = 0.36, and the Risk-free rate = 0.038. Assuming these data are correct, what is the Sharpe ratio for this portfolio of Talen's Trivial Takeaways, LLC.?

Select one:

a.

0.1667

b.

0.1383

c.

0.0750

d.

0.1245

e.

insufficient information to determine