Question 13 1 points Save Answer Portfolio BUZ reported a Sharpe Ratio of (- 1.2%), while the benchmark that the portfolio is measured against reported a Sharpe Ratio of 24 over the same period. What statement can be made about the performance of Portfolio GBC? BUZ out-performed the benchmark on a risk-adjusted basis The Sharpe Ratio for BUZ shows that the portfolio could take on additional risk without affecting its rate of return GBC generated a lower return than the risk-free rate of return The smaller its Sharpe Ratio, the better is GBC's performance Moving to another question will save this response. Question 13 of 20