If a portfolio had a return of 12%, the risk-free asset return was 4%, and the standard deviation of the portfolio's excess returns was 25%, the Sharpe measure would be
A. 0.12.
B. 0.04.
C. 0.32.
D. 0.16.
E. 0.25.
C. 0.32.
(12 – 4)/25 = 0.32.
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A. sender; encodes B. receiver; decodes C. source; encodes D. receptor; decodes E. channel member; decodes
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