$10$ Year Returns

Benchmark

Portfolio Manager

$\backslash$table$[[,\mathrm{.}13,0\mathrm{.}18],[$Market return,$\mathrm{.}05,\mathrm{.}05],[$Risk$-$free return,$\mathrm{.}05,2\mathrm{.}00]]$

Beta

Standard deviation $\mathrm{.}20$

$0\mathrm{.}45$

The portfolio manager's Sharpe ratio is closest to:

a$.0\mathrm{.}80$

b$.0\mathrm{.}40$

c$.0\mathrm{.}29$

$0\mathrm{.}065$