Question: Mutual fund A earned 10 percent while B earned 8 percent. The standard deviations of the returns were 9 percent and 7 percent, respectively. According

Mutual fund A earned 10 percent while B earned 8 percent. The standard deviations of the returns were 9 percent and 7 percent, respectively. According to the Sharpe ratio, which fund performed better, A or B?

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