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Suppose that we want to implement the Treynor-Black model. Given the following information, calculate the Sharpe ratio of the optimal risky portfolio, consisting of an

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Suppose that we want to implement the Treynor-Black model. Given the following information, calculate the Sharpe ratio of the optimal risky portfolio, consisting of an active portfolio and the market portfolio. The expected return of the market portfolio is 16%, and its standard deviation is 23%. The alpha of the active portfolio is 16.90%, and its residual standard deviation is 147.68%. The T-bill rate is 8%

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