Please answer fast I give you upvote. A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term governmentand corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probabilitydistributions of the risky funds are:Stock fund (S)Bond fund (B)The correlation between the fund returns is 0.25.Problem 6-10 (Algo)Expected Return17%11%Sharpe ratioRequired:What is the Sharpe ratio of the best feasible CAL? (Do not round intermediate calculations. Round your answer to 4 decimal places.)37.9100Standard Deviation38%29%

The Sharpe ratio is a widely accepted technique for assessing an investment's attractiveness. It…

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are: Expected Return. 17% 11% Stock fund (S) Bond fund (B) The correlation between the fund returns is 0.25. Standard Deviation 38% 29%