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Portfolio Kappa has an average return of 18% and standard deviation of returns (total) of 29%. The idiosyncratic standard deviation of returns of Kappa is
Portfolio Kappa has an average return of 18% and standard deviation of returns (total) of 29%. The idiosyncratic standard deviation of returns of Kappa is 22%, and the risk-free rate is 3%. Calculate its Sharpe ratio to the nearest decimal. Give detailed explanations and process
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
3rd Edition
007337590X, 9780073375908
