How do Calculate Sharpe measure for portfolio

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Problem 1: Your portfolio returned 12.4% last year, 1.6?% better than the market return of 10.8%. Your portfolio had a standard deviation of earnings equal to 22%, and the risk-free rate is equal to 3.9%. Calculate Sharpe's measure for your portfolio. If the market's Sharpe's measure is 0.44, did you do better or worse than the market from a risk/return perspective?

Reference no: EM132904471

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