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The table below gives the after-fee performance of three funds: Fund Expected return Standard deviation 15.00% 15.00% Y 12.00% 10.00% Z 9.00% 9.00% The risk-free

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The table below gives the after-fee performance of three funds: Fund Expected return Standard deviation 15.00% 15.00% Y 12.00% 10.00% Z 9.00% 9.00% The risk-free rate is 3%. Which fund should be most preferred based on M2 measure? Select one: O A. Fund Z OB. Fund X O C. Fund Y O D. Any of the three funds as they have the same M2 measure. O E. There is no sufficient information

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