A firm that evaluates portfolios uses the Sharpe approach to measuring performance. How would it rank these three portfolios?

\begin{tabular}{|l|r|r|r|} \hline & Total & Risk & \\ \hline & Portfolio & Free & Standard \\ \hline & Return & Rate & Deviation \\ \hline & & & \\ \hline Bemis Money Managers & 10% & 6% & 16% \\ \hline Fiddler Investment Company & 15% & 6% & 20% \\ \hline Memory Group & 8% & 6% & 11% \\ \hline \end{tabular}