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?

Select both the better performing fund and the respective Sharpe ratio. Points will be deducted for incorrect selections.

Group of answer choices

1.11

Mutual fund B

1.14

Mutual fund A

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