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If the average monthly return and volatility of ASX 2 0 0 is 2 0 % and 2 8 % respectively and the average monthly

If the average monthly return and volatility of ASX 200 is 20% and 28% respectively and the average monthly return on U.S. treasury bills is 6%. Calculate Sharpe ratio.
a)1.40%
b)0.50%
c)0.71%
d)2.00%

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