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A mutual fund's average return for the year was 16.2% with a standard deviation of 19.95%. The fund's beta was 0.67 and the risk-free rate

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A mutual fund's average return for the year was 16.2% with a standard deviation of 19.95%. The fund's beta was 0.67 and the risk-free rate was 2.29%. What is the Sharpe Ratio? (Provide your solution as a decimal with four digits of accuracy.)

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