Question
The expected return on the optimal risky portfolio is 12% and its return standard deviation is 18%. The risk-free rate is 5%. If an investor
The expected return on the optimal risky portfolio is 12% and its return standard deviation is 18%. The risk-free rate is 5%. If an investor wants to form a portfolio with a return standard deviation of 25%, the maximum Sharpe ratio she could achieve is _______. (Round to two decimal places)
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
