A portfolio with a beta of 0.9 has an expected return of 11 percent and a standard deviation of 24 percent. The expected return of the market is 12 percent, and the risk-free is 5 percent. What is the Sharpe ratio for the portfolio?
A) 0.25
B) 0.16
C) 0.29
D) 0.34
E) 0.21
Correct Answer:
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