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Consider an investor with a portfolio consisting only of advtech shares. The treasury bill rate in 2014 was 3.06% in south africa. Using dividend yield as ( returns ). Calculate the sharpe ratio for advtech

MANCOSA: BCOM FINANCIAL MANAGEMENT YEAR 3 PROJECT 1: INVESTMENT AND PORTFOLIO MANAGEMENT 8.9 PROJECT QUESTIONS - SEMESTER 1 36 Rev tras COM olt SOL Da M Yield Table 1 Index Statistic Instrument Dividend FTSE SU Code Date Closing Price Gross MCP Free Portfolio Net NCAP 1100 2014/01/31 Advtech Hout Factor 3,08% 420 880 090 R7,95 R3345 996 716 88% J100 1.00000 R2944477110 0.07% 2014/02/28 Advtech 3,22% 420 880 090 R7,51 R3202 897 455 88% 1.00000 R2818 549787 0.06% J100 2014/03/31 Advtech 3,22% 420 880 090 R7,60 R3198 588 684 58% 1,00000 R2814 846042 0,06% J100 2014/04/30 Advtech 2,95% 420 880 090 R8,63 R3 632 195 177 88% 1,00000 R3196 331 755 00 J100 2014/05/30 Advtech 2,85% 420 880 090 R8,95 R3766875 806 88% 1,00000 R3314 851 589 0.07% J100 2014/06/30 Advtech 2,98% 420 880 090 R8,55 R3598 524 770 88% 1,00000 R3 166 701 797 0,06% J100 2014/07/31 Advtech 3,31% 420880 090 R7,70 R3 240 902 957 88% 1,00000 R2851994 602 0,06% 1100 2014/08/29 Advtech 3,18% 420 880 090 R8,01 R3371 249 521 88% 1,00000 R2966 699578 0.06% 2014/09/30 Advtech 3,14% 420 880 090 R8,27 R3480 678 344 88% 1,00000 R3 062 996943 0.06% J100 2014/10/31 Advtech 3,15% 420 880 090 R8,25 R 3472 260 743 88% 1,00000 R3055 589453 0.0% 1100 2014/11/28) Advtech 2,89% 420 880 090 88% 1,00000 R9,00 R3787920 810 R3 333 370313 0,07% 2,99% 420 880090 R8,70 R 3661656783 88% 1,000.00 1100 2014/12/31 Advtech R3 222 257 969 0,078 J100 QUESTION 1 (60) The Advtech Group is a JSE listed company in South Africa. Advtech operates within the education and recruitment industries in South Africa and the rest of Africa.JSE 100 is an Index on the Johannesburg Stock Exchange, Advtech is a constituent of JSE100 its weight in the index is given in table 1 above. MANCOSA: BCOM FINANCIAL MANAGEMENT YEAR 3 PROJECT 1: INVESTMENT AND PORTFOLIO MANAGEMENT 8.9 PROJECT QUESTIONS - SEMESTER 1 36 Rev tras COM olt SOL Da M Yield Table 1 Index Statistic Instrument Dividend FTSE SU Code Date Closing Price Gross MCP Free Portfolio Net NCAP 1100 2014/01/31 Advtech Hout Factor 3,08% 420 880 090 R7,95 R3345 996 716 88% J100 1.00000 R2944477110 0.07% 2014/02/28 Advtech 3,22% 420 880 090 R7,51 R3202 897 455 88% 1.00000 R2818 549787 0.06% J100 2014/03/31 Advtech 3,22% 420 880 090 R7,60 R3198 588 684 58% 1,00000 R2814 846042 0,06% J100 2014/04/30 Advtech 2,95% 420 880 090 R8,63 R3 632 195 177 88% 1,00000 R3196 331 755 00 J100 2014/05/30 Advtech 2,85% 420 880 090 R8,95 R3766875 806 88% 1,00000 R3314 851 589 0.07% J100 2014/06/30 Advtech 2,98% 420 880 090 R8,55 R3598 524 770 88% 1,00000 R3 166 701 797 0,06% J100 2014/07/31 Advtech 3,31% 420880 090 R7,70 R3 240 902 957 88% 1,00000 R2851994 602 0,06% 1100 2014/08/29 Advtech 3,18% 420 880 090 R8,01 R3371 249 521 88% 1,00000 R2966 699578 0.06% 2014/09/30 Advtech 3,14% 420 880 090 R8,27 R3480 678 344 88% 1,00000 R3 062 996943 0.06% J100 2014/10/31 Advtech 3,15% 420 880 090 R8,25 R 3472 260 743 88% 1,00000 R3055 589453 0.0% 1100 2014/11/28) Advtech 2,89% 420 880 090 88% 1,00000 R9,00 R3787920 810 R3 333 370313 0,07% 2,99% 420 880090 R8,70 R 3661656783 88% 1,000.00 1100 2014/12/31 Advtech R3 222 257 969 0,078 J100 QUESTION 1 (60) The Advtech Group is a JSE listed company in South Africa. Advtech operates within the education and recruitment industries in South Africa and the rest of Africa.JSE 100 is an Index on the Johannesburg Stock Exchange, Advtech is a constituent of JSE100 its weight in the index is given in table 1 above

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