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A portfolio manager summarizes the input from the macro and micro forecasters in the following table: Calculate the following for a portfolio manager who is
A portfolio manager summarizes the input from the macro and micro forecasters in the following table: Calculate the following for a portfolio manager who is not allowed to short sell securities. What is the cost of the restriction in terms of Sharpe's measure? (Do not round calculations. Enter your answer as decimals rounded to 4 places.) Cost of restriction 1.0796 What is the utility loss to the investor (A = 3.1) given his new complete portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "%" sign in your response.) Cases Utility levels Unconstrained % Constrained % Passive % A portfolio manager summarizes the input from the macro and micro forecasters in the following table: Calculate the following for a portfolio manager who is not allowed to short sell securities. What is the cost of the restriction in terms of Sharpe's measure? (Do not round calculations. Enter your answer as decimals rounded to 4 places.) Cost of restriction 1.0796 What is the utility loss to the investor (A = 3.1) given his new complete portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "%" sign in your response.) Cases Utility levels Unconstrained % Constrained % Passive %
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