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A portfolio has a beta of 1.16, a standard deviation of 12.2%, and an expected return of 11.55%. The market return is 10.4% and the risk-free rate is 3.2%. What is the portfolio's Sharpe ratio

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A portfolio has a beta of 1.16, a standard deviation of 12.2 percent, and an expected return of 11.55 percent. The market return is 10.4 percent and the risk-free rate is 3.2 percent. What is the portfolio's Sharpe ratio?Multiple Choice0.570.680.730.770.85

Explanation: