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please show the steps and choose the right option. 5. to? Based on the information presented in Exhibit 1, the information ratio for Bosphorus is

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please show the steps and choose the right option.

5. to? Based on the information presented in Exhibit 1, the information ratio for Bosphorus is closest EXHIBIT 1 BOSPHORUS INVESTMENT ADVISORS: SELECTED STATISTICS Fund average annual return (%) 18.54 Fund standard deviation 10.70 Benchmark average annual return (%) 18.14 Benchmark standard deviation -:- 09.55 Sharpe ratio 01.59 Active risk 01.56 A. 0.95. B. 0.26. C. 0.53

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