A Portfolio Has a Sharpe Ratio of

question 85

Multiple Choice

A portfolio has a Sharpe ratio of .80,a standard deviation of 17.4 percent,and an expected return of 15.9 percent.What is the risk-free rate?

• A)1.98 percent
• B)2.36 percent
• C)2.48 percent
• D)3.09 percent
• E)3.15 percent

Understand the concepts of direct material and direct labor variances including rate, efficiency, and quantity variances.

Identify and calculate variances related to direct material price and quantity.

Identify and calculate variances related to direct labor rate and efficiency.

Understand the components and calculations of variable overhead and fixed overhead variances.