Question: Suppose two mutual funds have the same average return and the same standard deviation of return. However, fund A has a higher beta than fund

Suppose two mutual funds have the same average return and the same standard deviation of return. However, fund A has a higher beta than fund B. The risk-free rate is 4%. Under the Sharpe measure, the performance of fund A
Group of answer choices
is better than the performance of fund B
is the same as the performance of fund B
is poorer than the performance of fund B
cannot be measured since there is no data on the alpha of the fund

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