(b) The risk-free rate is currently 8.91%. Use the data in the accompanying table for the East Spring Fund's portfolio and the market portfolio during the year just ended to answer the questions that follow. Data Rate of Return Standard Deviation Beta East Spring Fund 14.08% 14.85% 1.21 Market portfolio 12.32% 10.56% Calculate Sharpe's measure for the portfolio and the market. Compare the two measures, and assess the performance of the East Spring's portfolio during the year just ended. ASSIGNMENT 2 BBF306/05 PORTFOLIO MANAGEMENT (3 marks) (ii) Calculate Treynor's measure for the portfolio and the market. Compare the two measures, and assess the performance of the East Spring's portfolio during the year just ended. (3 marks) On the basis of your findings in parts (i) and (ii), assess the performance of the East Spring's portfolio during the year just ended. (4 marks)