B. Duning a 5-year period, the relevant results tor the aggregate market ere that the fisk-free rate is 8 percent and the return on market is 14 percent. For that period the results of four pottolla managers are as follows: AP=18F=2Page2of7 RRR=5Rn=14 6 6.3 5b7+05 Scanned with CamScann shenet-pR1pR1Tre+nor=pRpRpJens=RpR Based on Sharpe ratio, Treynor ratio and Jensen's alpha ratio, select the manager with the best performance. [12 marks] C. An analyst gathers the following information regarding a client's portfolio returns: D I. Compute and interpret the standard deviation and Semi-standard deviation. [6 Marks] II. Compute and interpret the skewness of the returns. [4 Marks] B. Duning a 5-year period, the relevant results tor the aggregate market ere that the fisk-free rate is 8 percent and the return on market is 14 percent. For that period the results of four pottolla managers are as follows: AP=18F=2Page2of7 RRR=5Rn=14 6 6.3 5b7+05 Scanned with CamScann shenet-pR1pR1Tre+nor=pRpRpJens=RpR Based on Sharpe ratio, Treynor ratio and Jensen's alpha ratio, select the manager with the best performance. [12 marks] C. An analyst gathers the following information regarding a client's portfolio returns: D I. Compute and interpret the standard deviation and Semi-standard deviation. [6 Marks] II. Compute and interpret the skewness of the returns. [4 Marks]