You want to evaluate three mutual funds using the Sharpe measure for performance evaluation.The risk-free return during the sample period is 6%.The average returns,standard deviations and betas for the three funds are given below,as is the data for the S&P 500 index.
The fund with the highest Sharpe measure is __________.
A) Fund A
B) Fund B
C) Fund C
D) Funds A and B are tied for highest
Correct Answer:
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