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You manage a well-diversified portfolio. Your superior asks you to report the Sharpe ratio for last year. Your portfolio grew by 7.41% while the risk-free

You manage a well-diversified portfolio. Your superior asks you to report the Sharpe ratio for last year. Your portfolio grew by 7.41% while the risk-free rate was 1.07%. The volatility on your portfolio was 23.1. What was your Sharpe ratio?

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