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A stock's return is expected to be 1 6 % , standard deviation is 2 9 % , the return's correlation with the market return

A stock's return is expected to be 16%, standard deviation is 29%, the return's correlation with the market return is 0.5. If the riskfree rate is 5% and the CAPM holds, then the market portfolio has a Sharpe ratio of
(keep 3 decimal places).

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