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A mutual fund has earned annual returns of 11%, -5% and 33% over the past three years. If the average risk-free rate during that time
A mutual fund has earned annual returns of 11%, -5% and 33% over the past three years. If the average risk-free rate during that time was 2% per year, what was this fund's Sharpe Ratio during that time period?
a) 0.47 | ||
b) 0.51 | ||
c) 0.53 | ||
d) 0.56 | ||
e) 0.58 |
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