Historical performance information on the capital market and a mutual fund

Year	Mutual fund Beta	Mutual fund return (per cent)	Return on market index (per cent)	Return on Govt. securities (per cent)
1	0.40	13.00	-8.50	6.50
2	0.75	3.50	4.00	6.50
3	0.95	12.00	14.00	6.00
4	0.70	18.00	18.50	6.00
5	1.00	10.00	5.70	5.75
6	0.90	7.00	8.20	5.75
7	0.80	20.00	27.00	6.00
8	0.75	24.00	18.00	5.50
9	0.65	-5.00	25.00	5.50
10	0.20	-5.00	2.00	6.00

Calculate the

1. Reward to variability ratio (3Marks)
2. Reward to volatility ration (3Marks)

Explain you results (2Marks}