ht? What does your answer g programs? should invest at least part e capitalization stocks of e United States. What are isadvantages of choosing any Stock Fund compared dex Fund? rias Small-Cap Fund are I the mutual funds offered y would you ever want to ndex Fund Fund mpany Stock Fund d 5. A measure of risk-adjusted performance that of- ten is used in practice is the Sharpe ratio. The Sharpe ratio is calculated as the risk premium of an asset divided by its standard deviation. The standard deviations and returns for the funds over the past 10 years are listed here. As- suming a risk-free rate of 3.1 percent, calculate the Sharpe ratio for each of these. In broad terms, what do you suppose the Sharpe ratio is intended to measure? 10-Year Annual Return 11.80% 15.12 11.15 7.92 Standard Deviation 19.35% 27.95 21.16 11.45