"Consider the following data on returns (R), standard deviation (), and correlations (r) for stocks (asset 1), bonds (asset 2) and real estate (asset 3): R₁= 10%, ₁= 4%, R₂

= 20%, ₂= 10%, R₃= 13%, ₃= 8%, r₁₂= 0.8, r₁₃=0.0, r₂₃= 0.5. What is the reward to risk ratio (R/ ratio) of the portfolio that is invested 60% in stocks, 40% in bonds, and 0% in real estate?"

2.963

5.945

2.298

2.363