A Portfolio Has an Average Return of 9

question 34

Multiple Choice

A portfolio has an average return of 9.9%, a standard deviation of 12.3%, and a beta of 1.23. The risk-free rate is 1.9%. What is the Sharpe ratio?

• A).593
• B).650
• C).679
• D).713
• E).756

---

Definitions:

Signature Card

A form signed by a bank customer that the bank uses to verify signature authenticity on all checks.

Forgeries

Illegal alterations or productions of documents, currency, or other items with the intent to deceive.

Customer's Bank Account

The bank account of a customer, used for transactions between the customer and a company.

Restrictive Endorsement

An endorsement on a check or other financial instrument limiting the way the funds can be used or restricting further endorsement.