Security A has a higher standard deviation of returns than security B$.$ We would

expect that:

I. Security A would have a higher risk premium than security B$.$

II$.$ The likely range of returns for security $A$ in any given year would be higher than

the likely range of returns for security $B.$

III. The Sharpe ratio of A will be lower than the Sharpe ratio of B$.$

A$.$ I only

B$.$ I and II only

C$.$ II and III only

D$.$ I, II$,$ and III