You want to evaluate three mutual funds using the Treynor measure for performance evaluation. The risk-free return during the sample period is 6%. The average returns, standard deviations, and betas for the three funds are given below, in addition to information regarding the S&P 500 Index Average Return Std Deviation Beta 0.5 1.0 1.5 1.0 Fund A 13% 10% Fund B 19% 20% Fund C 25% 30% S&P 500 18% 16% a. Fund A b.Fund B O c. Fund C d. Funds A and B (tied for highest) QUESTION 15 The current market price of a share of AT&T stock is $50. If a call option on this stock has a strike price of $45, the call is in the money and sells for a higher price than if the market price of AT&T stock is $40. is out of the money. sells for a higher price than if the market price of AT&T stock is $40. is in the money. O is out of the money and sells for a higher price than if the market price of AT&T stock is $40. QUESTION 16 The current market price of a share of AT&T stock is $50. If a put option on this stock has a strike price of $45, the put is in the money and sells for a lower price than if the market price of AT&T stock is $40. O sells for a lower price than if the market price of AT&T stock is $40. is out of the money and sells for a lower price than if the market price of AT&T stock is $40. O is in the money. O is out of the money