You want to evaluate three mutual funds using the information ratio measure for performance evaluation. The risk-free return during the sample period is 6%, and the average return on the market portfolio is 19%. The average returns, residual standard deviations, and betas for the three funds are given below. Average Return Residual Standard Deviation 20% 4.00% 21% 1.25% 23% 1.20% Fund A Fund B Fund C The fund with the highest information ratio measure is A. Fund A B. Fund B C. Fund C D. Funds A and B are tied for highest E. Funds A and C are tied for highest Beta 0.8 1.0 1.2