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Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Large Stock 31.33 24.27

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Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Large Stock 31.33 24.27 24.89 -10.82 -11.00 -21.28 31.76 11.89 6.17 15.37 5.50 -36.92 29.15 17.80 1.01 16.07 35.18 11.37 -0.19 13.41 Long-Term T-Bonds 11.312 13.094 -8.4734 14.4891 4.0302 14.6641 1.2778 5.1862 3.1030 2.2713 9.6431 17.6664 -5.8278 7.4457 16.6015 3.5862 -6.9025 10.1512 1.0665 0.7039 T-Bills 5.26 4.86 4.68 5.89 3.78 1.63 1.02 1.20 2.96 4.79 4.67 1.47 0.10 0.12 0.04 0.06 0.03 0.02 0.01 0.19 d. Now assume that you have always invested half of your wealth in the stock and the other half in the T-bonds. Estimate the Sharpe ratio of your portfolio. (Round your answers to 2 decimal places.) Portfolio Sharpe Ratio %

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