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Suppose a portfolio T is the tangency portfolio (the tangency portfolio is the portfolio which has the maximum Sharpe ratio among all the portfolios) and

Suppose a portfolio T is the tangency portfolio (the tangency portfolio is the portfolio which has the maximum Sharpe ratio among all the portfolios) and it has a Sharpe ratio of 0.8. Also consider a portfolio p which may or may not be on the mean-variance efficient frontier. You find out that the correlation between the returns of portfolios p and T is 0.75. What is the Sharpe ratio of portfolio p?

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