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Business, 26.10.2021 20:00 200002977

In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we use another measure of risk called . To obtain this measure we divide the by the . This measure shows the amount of per unit of return and provides a more useful risk measure when the expected returns on two alternatives are different.

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In choosing between two investments, if one has the higher expected return but the other has the low...
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