Congratulations! Your portfolio returned 11.0% lastyear, 2.0% better than the market return of 9.0%. Your portfolio had a standard deviation of earnings equal to 18%, and therisk-free rate is equal to 3.0%. CalculateSharpe's measure for your portfolio. If themarket's Sharpe's measure is 0.30, did you do better or worse than the market from arisk/return perspective?

TheSharpe's measure of your portfolio is ______ (round 2 decimal places)

Yourportfolio's performance is

superior

inferior

equal

____________ to themarket's performance.