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Q.219 The expected return of an investor's portfolio is 31% with a standard deviation of 19% while the expected return of the market is 22% with a standard deviation of 16%. Given that the risk-free rate is 5% and the portfolio's beta is 0.9, determine the difference between the Sharpe ratio of the portfolio and the Sharpe ratio of the market.
A
0.31
B
0.5
C
1.06
D
0.12
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