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MC Qu. 27 You want to evaluate three mutual funds... You want to evaluate three mutual funds using the Sharpe measure for performance evaluation. The

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MC Qu. 27 You want to evaluate three mutual funds... You want to evaluate three mutual funds using the Sharpe measure for performance evaluation. The for the three funds are given below, as are the data for the S&P 500 Index free return during the same period is 4. The average returns, standard deviations, and betas Average Standard Return Deviation Beta and 181 388 1.6 Fund B 151 271 1.3 Fund C 114 241 1.0 S&P 500 101 221 1.0 The fund with the highest Sharpe measure is o punon

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