The market risk premium was 84 percent and joes portfolio


Joe's portfolio earned a return of 15.4 percent with a standard deviation of 23.37 percent. The risk free rate for the period was 1.2 percent, the Market Risk Premium was 8.4 percent, and Joe's portfolio beta was 0.91. Given this information, what is the portfolio's Sharpe Ratio? Show your answer to three decimal places.

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Financial Management: The market risk premium was 84 percent and joes portfolio
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