During the year just ended, Anna Schultzs portfolio, which has a beta of 0.90, earned a return of 8.6%. The risk- free rate is currently 7.3%, and the return on the market portfolio during the year just ended was 9.2%.

a) Calculate Treynors measure for Annas portfolio for the year just ended. b) Compare the performance of Annas portfolio found in part a to that of Stacey Quants portfolio, which

has a Treynors measure of 1.25%. Which portfolio performed better? Explain. c) Calculate Treynors measure for the market portfolio for the year just ended. d) Use your findings in parts a and c to discuss the performance of Annas portfolio relative to the market

during the year just ended.