The Mean and Standard Deviation (SD) of Monthly Returns, Over

Multiple Choice

The mean and standard deviation (SD) of monthly returns, over a given period of time, for the stock markets of two countries, X and Y are Assuming that the monthly risk-free interest rate is 0.25%, the Sharpe performance measures, SHP(X) and SHP(Y) , and the performance ranks, respectively, for X and Y are:

A) SHP(X) = 0.271, rank = 1, and SHP(Y) = 0.219, rank = 2
B) SHP(X) = 0.271, rank = 2, and SHP(Y) = 0.219, rank = 1
C) SHP(X) = 18.84, rank = 1, and SHP(Y) = 23.04, rank = 2
D) SHP(X) = 23.04, rank = 2, and SHP(Y) = 18.84, rank = 1