15 Joaquim recently learned abouta fund that boasted a 25%return in its marketing materials.Eagerly, he invested $100,000without doing any research intothe fund. A year later, he had$125,000 in the bank. However,he was not pleased with thehigh return once he learnedabout the Sharpe Ratio. What isthe most likely reason why?10-----www

Share ratio is given by : Share ratio=(Rate of return – risk-free rate)( standard deviation)

Answered: Joaquil a fund that boasted a 25%…

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter7: Applying Fractions

Section7.2: Proportions

Problem 47WE

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