During the boom years of 2010-2014, ace mutual fund manager Diana Sauros produced the following percentage rates of return. Rates of return on the market are given for comparison. 2010 2011 2012 2013 2014 Ms. Sauros +24.9 0.9 +18.6 +42.1 +15.2 S&P 500 +17.2 +1.0 +16.1 +33.1 +12.7

What is Sharpe ratio of the mutual fund, if risk-free rate is 1%?

1.21

1.26

1.30

1.18