Question: Use the information below to answer the following question: Managed Average Average ( P ) Average Portfolio Fund Return ( P ) Standard deviation Risk

Use the information below to answer the following question:
Managed Average Average (P) Average Portfolio
Fund Return (P) Standard deviation Risk-free rate Beta
A 0.14830.20060.06330.39
B 0.22950.2820.06970.41
C 0.2240.36260.07160.58
D 0.38560.68070.13080.51
What is the highest ranking reward-to-variability (Sharpe) ratio? Give your answer to four decimal places. (DO NOT enter a letter, eg: A)

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