The Following Data Are Available Relating to the Performance of Monarch

question 76

Multiple Choice

The following data are available relating to the performance of Monarch Stock Fund and the market portfolio: $$\begin{array} { | l | l | l | } \hline & \text { Monarch } & \text { Market Portfolio } \\\hline \text { Average Return } & 16 \% & 12 \% \\\hline \text { Standard Deviation of Returns } & 26 \% & 22 \% \\\hline \text { Beta } & 1.15 & 1.00 \\\hline \text { Residual Standard Deviation } & 1 \% & 0 \% \\\hline\end{array}$$ The risk-free return during the sample period was 4%.
-Calculate Sharpe's measure of performance for Monarch Stock Fund.

• A)1.00%
• B)46.00%
• C)44.00%
• D)50.00%
• E)none of the above

---

Definitions:

Series RC

A circuit configuration that features a resistor (R) and a capacitor (C) connected in sequence along a single loop, affecting the circuit's overall impedance.

Power Factor

The ratio of real power flowing to the load to the apparent power in the circuit in electrical engineering, measuring the efficiency with which the current is converted into useful work.

Phase Angle

The angle or phase difference between two waveforms or signals, often measured in degrees.

Circuit Current

The flow of electric charge in a complete or partial electrical circuit.