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Marty recommends a passive investment strategy to his clients using the SPY ETF with expected return of 9 and standard deviation of 35. Currently T-bills

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Marty recommends a passive investment strategy to his clients using the SPY ETF with expected return of 9 and standard deviation of 35. Currently T-bills yield 1.4% return and money is available for borrowing at 4%. The Sharpe ratio to a margin trading client is... Provide your answer in decimals rounded to four digits

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