Consider the following data for a particular sample period Portfolio P (Superannuation-Fund) Portfolio M (Market Portfolio) Average return 35% 28% Beta 1.20 1.00 Standard Deviation 42% 30% Non-systematic risk s(e) 18% 0 The T-bill rate was 6% during this period. Required: a. Calculate the following performance measures for portfolio P and market portfolio M: Sharp ratio, Jensen measure, Treynor measure and information ratio. Indicate the measures that show portfolio P outperform or underperform the market. (6 marks) b. Calculate M2 and show if the portfolio P outperformance the market based on this measure? (5 Marks)