4 A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.3%. The probability distributions of the risky funds are: 5.66 points eBook Ask Print References Stock fund (S) Bond fund (B) Sharpe ratio Expected Return 13% 6% 21.7800 Standard Deviation The correlation between the fund returns is 0.0630. What is the Sharpe ratio of the best feasible CAL? (Do not round intermediate calculations. Round your answer to 4 decimal places.) 34% 27%

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T.bill money market fund that yields a sure rate of 4.3%. The probability distributions of the risky funds are: The correlation between the fund returns is 0.0630 . Whot is the Sharpe ratio of the best feasible CAL? (Do not round intermediate calculations. Round your answer to 4 decimal places.)