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A portfolio earned a rate of return equal to 9.3% last year with a standard deviation of 13.0%. Treasury Bills returned 2.6%. a. What is

A portfolio earned a rate of return equal to 9.3% last year with a standard deviation of 13.0%. Treasury Bills returned 2.6%.

a. What is the portfolios excess return. (Round your answer to 2 decimal places.)

b. What is the portfolios Sharpe Ratio? (Round your answer to 2 decimal places.)

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