Over the past 5 years the market has had an average monthly return of 0.535% and a standard deviation of 6.953%. The average monthly return on short-term government debt is 0.16%. Suppose you are a portfolio manager for a large fund that earned 1.2% on average per month with a standard deviation of 3.442%. What is the M^2 measure of performance for your fund? Please choose the option that is closest to the correct answer.

Group of answer choices

1.89\%

1.73\%

0.85\%

0.25\%

0.67\%