Assume the market return is 14% with a standard deviation of 20%, and risk-free rate is 8%. The average annual returns for Managers D, E, and F are 13%, 17%, and 16% respectively. The corresponding standard deviations are 18%, 22%, and 23%. What are the Sharpe ratios for the market and managers?

Assume the market retum is 14% with a standard deviation of 20%, and risk-free rate is 8%. The average annuat returns for Managers D, E, and F are 13%,17%, and 16% respectively. The corresponding standard deviations are 18%,22%, and 23%. What are the Sharpe ratios for the market and managers