Joaquil a fund that boasted a 25% return in its marketing materials Eagerly, he invested $100,000 without doing any research into the fund. A year later, he had $125,000 in the bank. However, he was not pleased with the high return once he learned about the Sharpe Ratio. What is CINE the most likely reason why?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...
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Joaquim recently learned about
a fund that boasted a 25%
return in its marketing materials.
Eagerly, he invested $100,000
without doing any research into
the fund. A year later, he had
$125,000 in the bank. However,
he was not pleased with the
high return once he learned
about the Sharpe Ratio. What is
the most likely reason why?
10
-----
www
Transcribed Image Text:Joaquim recently learned about a fund that boasted a 25% return in its marketing materials. Eagerly, he invested $100,000 without doing any research into the fund. A year later, he had $125,000 in the bank. However, he was not pleased with the high return once he learned about the Sharpe Ratio. What is the most likely reason why? 10 ----- www
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