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Stock XYZ has an expected return of 1 1 % and a standard deviation of 2 2 % . The risk - free rate is

Stock XYZ has an expected return of 11% and a standard deviation of 22%. The risk-free rate is 3%. 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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