Compute the appraisal ratio for portfolio A. Round off your final answer to three digits after the decimal point. 2 Month334566789951011121314151617181920212223242526272829303132333435363738394011223A1234567698101112131415161718192021222324252627282930313233343536Excess Returns over the risk free rateABM0.673.72-1.561.693.31-2.0812.377.263.670.320.15-6.143.654.17-0.91-14.55-0.98-7.25-2.71-0.61-7.902.284.390.49-13.53-3.52 -11.0016.9110.468.647.058.535.71-8.990.46-6.030.503.08-2.74-5.483.30-1.70-1.054.880.8414.199.878.1010.048.245.090.374.861.135.915.521.621.995.811.790.003.85-1.194.407.935.50-2.624.830.715.747.905.087.495.861.733.045.561.22-2.733.25-1.64-5.603.11-1.683.575.191.211.546.031.80-2.202.20-3.43-0.464.530.232.895.130.943.355.071.404.997.323.861.197.103.25TORTE

The appraisal ratio compares the return on their stock picks to the risk of such picks to determine…

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Compute the appraisal ratio for portfolio A. Round off your final answer to three digits after the decimal point.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Compute the appraisal ratio for portfolio A. Round off your final answer to three digits after the decimal point.

2 Month
3
34
56
6
78995
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
11
2
23
A
12
3
4
5
67
69
8
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
Excess Returns over the risk free rate
A
B
M
0.67
3.72
-1.56
1.69
3.31
-2.08
12.37
7.26
3.67
0.32
0.15
-6.14
3.65
4.17
-0.91
-14.55
-0.98
-7.25
-2.71
-0.61
-7.90
2.28
4.39
0.49
-13.53
-3.52 -11.00
16.91
10.46
8.64
7.05
8.53
5.71
-8.99
0.46
-6.03
0.50
3.08
-2.74
-5.48
3.30
-1.70
-1.05
4.88
0.84
14.19
9.87
8.10
10.04
8.24
5.09
0.37
4.86
1.13
5.91
5.52
1.62
1.99
5.81
1.79
0.00
3.85
-1.19
4.40
7.93
5.50
-2.62
4.83
0.71
5.74
7.90
5.08
7.49
5.86
1.73
3.04
5.56
1.22
-2.73
3.25
-1.64
-5.60
3.11
-1.68
3.57
5.19
1.21
1.54
6.03
1.80
-2.20
2.20
-3.43
-0.46
4.53
0.23
2.89
5.13
0.94
3.35
5.07
1.40
4.99
7.32
3.86
1.19
7.10
3.25
TOR
TE

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