Question
The annual Sharpe ratio for the DESB mutual fund is 0.354. The average annual risk free rate is 3.2% and the standard deviation of yearly
The annual Sharpe ratio for the DESB mutual fund is 0.354. The average annual risk free rate is 3.2% and the standard deviation of yearly returns of the DESB mutual fund is 33%. Therefore, the average yearly return of the fund is:
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
