Exhibit 18.3 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM Consider the data presented below on three mutual funds and the market. Standard Deviation (%) Fund Beta Return (%) Rf(%) AAA 0.75 7.0 14 3 BBB 1.05 5.0 18 3 CCC 0.89 8.0 20 3 Market 1.00 8.0 12 3 Refer to Exhibit 18.3. Compute the Sharpe Measure for the AAA fund. a. 1.57 b. 4.49 C. 1.27 d. 2.74 e. 1.70