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Q7. In 2019, the annualized T-bill rate was 3%. The 1-year return for Mutual Fund A was 19% with a standard deviation of 11, while

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Q7. In 2019, the annualized T-bill rate was 3%. The 1-year return for Mutual Fund A was 19% with a standard deviation of 11, while the 1-year return for Mutual Fund B was 14%, with a standard deviation of 6. What portfolio performed better on an absolute basis, and on a risk adjusted basis? Show your work and explain your conclusion

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