A Portfolio Consists of the Following Two Funds What Is the Sharpe Ratio of the Portfolio?
A)

Multiple Choice

A portfolio consists of the following two funds:
$\begin{array}{lcr}&\text { Fund A }& \text { Fund B }\\\text {\$ Invested } & \$ 12,000 & \$ 8,000 \\\text { Weight } & 60\% & 40\% \\\text { Exp Return } & 15\% & 12\% \\\text { Std Dev } & 24\% & 14\% \\\text { Beta } & 1.92 & 1.27 \\\text { Corr(A, B) } & .43 &\\\text { Riakfree rate }&3.60\end{array}$
What is the Sharpe ratio of the portfolio?

A) .422
B) .581
C) .645
D) .721
E) .798