Valentina is examining a portfolio held by Nereida's Noteworthy Newsprint, LLC., and has determined: Portfolio EXCESS return = 0.102, Variance of Portfolio EXCESS returns = 0.38, and the Risk-free rate = 0.019. Assuming these data are correct, what is the Sharpe ratio for this portfolio of Nereida's Noteworthy Newsprint, LLC.?

Select one:

a.

0.2579

b.

0.1346

c.

0.1952

d.

0.1655

e.

insufficient information to determine