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In an investment environment, only a single risky asset, X and the risk-free asset exist. From the opportunity set of portfolios available, investors can choose

In an investment environment, only a single risky asset, X and the risk-free asset exist. From the opportunity set of portfolios available, investors can choose Portfolio A (expected return 6%, volatility 8%) and Portfolio B (expected return 15%, volatility 22%). Calculate the Sharpe ratio of Asset X.

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