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119. From the following data, choose the manager with the most impressive skill as represented by the information ratio. The annual market return over this
119. From the following data, choose the manager with the most impressive skill as represented by the information ratio. The annual market return over this period was 10% and the risk-free rate was 4%. Fund A Fund B Fund C Annual Return 12% 15% 9% Residual Standard Deviation 15% 18% 11% Beta 1.1 1.5 1.25 Excess Return 2% 5% -1%
- Fund A
- Fund B
- Fund C
- cannot determine based on data given
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