Given the performance of 3 mutual funds and S&P500 over the past 15 years in table below:

Return and Risk data for 5 equity mutual funds, 15 year period

Mutual Fund	Average Return %	Standard Deviation %	Beta	R 2
1	15.86	22.85	1.46	.64
2	22.09	17.27	1.24	.79
3	18.39	11.82	0.60	.39
S&P 500	16.35	12.44	1.0	1.0

And assuming that expected market return for next year is 16.35 % and current and average of past 15 years risk free rate is 7.96 %, and using a market risk premium of 8.39% (16.35 -7.96) for the 15 year period, estimate: a. Sharpe ratios of all 3 funds and S&P 500. Which fund has the highest risk adjusted performance according to Sharpe measure? Which of the above funds have beaten the market? b. Treynor of all 3 funds and S&P 500. Which fund has the highest risk adjusted performance according to Treynor measure? Which of the above funds have beaten the market? c. Jensens alpha for fund 1 d. Which fund is exposed to most nonsystematic risk?