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An analyst estimated that stock A will have an expected return of 13.8% next year. He also estimated that the standard d

Posted: Thu May 19, 2022 12:01 am
by answerhappygod
An analyst estimated that stock A will have an expected return
of 13.8% next year. He also estimated that the standard deviation
of this stock will be 23.6% next year. Assuming that the risk-free
rate is 3.2%, the Sharpe Ratio of stock A must be
__________. (Round your answer to two decimal
places).