Mutual fund QUE has a correlation coefficient with the market of 0.82, a beta of 1.05, and a standard deviation of 4%. The risk-free rate of return is 3.5%, and the return on the market is 12%. Mutual fund POI has a Sharpe ratio of 2.05, a Treynor ratio of 0.11, and an alpha of 0.70%. Which of the following would a rational investor select if the market's standard deviation is 2% and QUE realized a 13% return?

a. POI over QUE because QUE's alpha is 0.58%

b. QUE over POI because QUE's Sharpe ratio is 2.38

c. POI over QUE because QUE's Treynor ratio is 0.09

d. QUE over POI because QUE's coefficient of variation is 0.31