Question
The return of the risky asset is 22.68%, the variance is 9.59%. The risk-free asset return is 3.30%. Sophia's utility function is: LaTeX: U=lnleft(r_{c:} ight)-sigma_c^2U
The return of the risky asset is 22.68%, the variance is 9.59%. The risk-free asset return is 3.30%. Sophia's utility function is: LaTeX: U=\ln\left(r_{c\:} ight)-\sigma_c^2U = ln ( r c ) c 2. What is the Sharpe Ratio of Sophia's optimal portfolio?
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Survey of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
1st edition
1119330025, 978-1119444244, 1119444241, 978-1119306474, 1119306477, 978-1119330028
