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What is the Sharpe measure? If the average realized return of a portfolio is 20% per year, the standard deviation of returns is 30%, the
What is the Sharpe measure?
If the average realized return of a portfolio is 20% per year, the standard deviation of returns is 30%, the portfolio beta is 1.5, the average return of Treasury bills over the same period is 5% per year, and the average return on the market is 15% per year;
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
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