thanks I will upvote

You are on the compensation committee for a large pension. Your top 3 portfolio managers are up for evaluation. One will get a bonus. One will be fired. Who gets what? The decision is based on their performance adjusted for risk. The stock market earned 12% with a standard deviation of 18% and a Beta of 1.0 for the year. Treasury yields were 2%. Manager Return Beta St. Dev A 12% 1.2 16% B 4% .4 2.5% C 20% 1.6 30%