During the year just ended, Anna Schultz's portfolio, which has a beta of 0.98, earned a return of 8.7%.

The risk-free rate is currently 4.2%, and the return on the market portfolio during the year just ended was 9.4%.

A. Calculate Treynor's measure for Anna's portfolio for the year just ended.

b. Compare the performance of Anna's portfolio found in part a to that of Stacey Quant's portfolio, which has a Treynor's measure of 1.36%. Which portfolio performed better? Explain.

c. Calculate Treynor's measure for the market portfolio for the year just ended.

d. Use your findings in parts a and c to discuss the performance of Anna's portfolio relative to the market during the year just ended.

a.The Treynor's measure for Anna's portfolio is ___%. (Round to two decimal places.)

2. Anna's portfolio_____

1.outperformed

2.underperformed Stacy's with a TM of ___

1. 4.59

2. 1.36

% versus one of 1.36%. (Select from the drop-down menus.)

c.The Treynor's measure for the market portfolio is ___%. (Round to two decimal places.)

d.The market_____

1.outperformed

2. underperformed

Anna's portfolio; its TM was______

1. 4.59

2. 1.36

3. 5.20

%, compared to

1. 4.59

2. 1.36

3. 5.20

% for her portfolio.(Select from the drop-down menus.)