Answer:
what you would need to do is flip the fraction and make sure to keep the parenthesis making it c
Step-by-step explanation:
Answer:
Step-by-step explanation:
Given
--- initial
--- rate
Required
The function over time
The function is calculated as:
So, we have:
Express percentage as decimal
Answer:
The correct option based on the below computation of Sharpe ratio for all funds is option C,Fund C.
Step-by-step explanation:
Sharpe ratio=(Average return of the fund-risk free rate of return)/standard deviation of the fund
Risk free rate of return is 6%
Fund A:
Sharpe ratio=(24%-6%)/30%=0.6
Fund B:
Sharpe ratio=(12%-6%)/10%=0.6
Fund C:
Sharpe ratio=(22%-6%)/20%=0.8
Fund has a sharpe ratio of 0.8 ,unlike funds A& B that have a ratio of 0.6 each
In other words option C is correct
645 rounded to the nearest tenth is 640, because 5 rounds up.