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You manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 35%. The T-bill rate is 4%. Your
You manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 35%. The T-bill rate is 4%. Your client chooses to invest 75% of a portfolio in your fund and 25% in a T-bill money market fund. What is the reward-to-volatility (Sharpe) ratio (S) of your risky portfolio? Your client's? Note: Do not round intermediate calculations. Round your answers to 4 decimal places
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