Essay
The following gives summary measures for Google and Apple for Year 1-5. = 66%
= 20%
= 89%
= 60.5%
A) Which fund had the higher arithmetic average return?
B) Which fund was riskier over this time period?
C) Given a risk-free rate of 1%, which fund has the higher Sharpe ratio? What does this imply?
Correct Answer:

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a. Apple
b. Apple
c. Sharpe Ra...View Answer
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Correct Answer:
Verified
b. Apple
c. Sharpe Ra...
View Answer
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