An investor has the choice between three following $5 million four-year private investments which pay no coupons or dividends and reinvest returns each year based upon the following schedule: Year / Investment Year 1 Year 2 Year 3 Year 4 Seafair LLC 12% 30% -3% -3% Taconic LLC 9% 8% 7% 8% Hudson LLC -10% 32% -1% 15% The Sharpe ratio is a relative return versus risk measure equal to the ratio of return over standard deviation R/o. a.) Your advisor now tells you that the most attractive investment alternative is oversubscribed and you may only obtain 60% of the original investment, with the remaining 40% invested in the one with the least attractive risk versus reward profile. Calculate return, sample standard deviation and Sharpe ratio for your chosen portfolio: An investor has the choice between three following $5 million four-year private investments which pay no coupons or dividends and reinvest returns each year based upon the following schedule: Year / Investment Year 1 Year 2 Year 3 Year 4 Seafair LLC 12% 30% -3% -3% Taconic LLC 9% 8% 7% 8% Hudson LLC -10% 32% -1% 15% The Sharpe ratio is a relative return versus risk measure equal to the ratio of return over standard deviation R/o. a.) Your advisor now tells you that the most attractive investment alternative is oversubscribed and you may only obtain 60% of the original investment, with the remaining 40% invested in the one with the least attractive risk versus reward profile. Calculate return, sample standard deviation and Sharpe ratio for your chosen portfolio