1. When an ETF has an R-squared of 99 relative to the category, this means that: Select one: a. 99% of the returns on the ETF depend on the category b. The ETF and the category are not closely related c. 99% of the returns on the category depend on the ETF d. The return on the ETF is 99% better than the category 2. An ETF has a return of 19% and the risk-free rate is 3.4%. If the standard deviation is 24.2%, what is the Sharpe ratio? Include 2 decimal places in your