Stock XYZ has a beta of 0.72, has a correlation with the market of 0.72, and expected return of 6.9% and a standard deviation of
Stock XYZ has a beta of 0.72, has a correlation with the market of 0.72, and expected return of 6.9% and a standard deviation of 18%, The risk-free rate is 2%. Calculate the Sharpe ratio of XYZ. Express your answer in decimal format and rounded accurate to the nearest three decimal places (enter only 3 decimal places).
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Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
