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Your bank is considering acquiring a new branch office from another bank Given the following data please calculate the sharp ratio for your bank BEFORE

Your bank is considering acquiring a new branch office from another bank Given the following data please calculate the sharp ratio for your bank BEFORE the acquisition.

Expected return: New branch office 12.50%
Expected return: Existing facilities 10.00%
Standard Deviation: New branch office 7.50%
Standard Deviation: Existing facilities 5.00%
Correlation coefficient with other services 0.48
% of total assets: New branch office 20.00%
% of total assets: Existing facilities 80.00%

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