The Hawk High Yield Fixed Income Fund has a one-year holding period return of
15%
while the risk-free rate is
3%
. Measures of risk for Hawk include a beta of 1.8 and a standard deviation of
25%
. The estimate for the Sharpe ratio is closest to: Select one A. 0.07 . B. 0.48 . C. 0.52 . D. 0.60 .