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Required information Section Break ( 8 - 1 1 ) [ The following information applies to the questions displayed below. ] A pension fund manager

Required information
Section Break (8-11)
[The following information applies to the questions displayed below.]
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government
and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability
distributions of the risky funds are:
The correlation between the fund returns is 0.15.
Problem 6-10(Algo)
Required:
What is the Sharpe ratio of the best feasible CAL? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
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