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Correct answer is shown please just show work on how to get the answer. Stock Q has a Beta of 0.85 , a standard deviation
Correct answer is shown please just show work on how to get the answer.
Stock Q has a Beta of 0.85 , a standard deviation of 19%. The risk-free rate is 2.7% and the expected return on the market is 7.1%. What is the Sharpe ratio of the stock? (3 decimal places) 0.197 (with margin: 0.02) Step by Step Solution
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