Question: Mutual fund A earned 12 percent while B earned 10 percent. The standard deviations of the returns were 10 percent and 6 percent, respectively. Assume

Mutual fund A earned 12 percent while B earned 10 percent. The standard deviations of the returns were 10 percent and 6 percent, respectively. Assume risk free rate of 2%. Estimate the Sharpe ratio of each mutual fund According to the Sharpe ratio, which fund performed better

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