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Last year, the risk-free interest rate was 2.0% per year. The market return was 13.3% per year and its standard deviation was 27.2% per year.

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Last year, the risk-free interest rate was 2.0% per year. The market return was 13.3% per year and its standard deviation was 27.2% per year. An investment manager's portfolio generated a rate of return of 14.4% over the year. The portfolio's beta was 1.17 and its return standard deviation was 30.7% per year. What was the portfolio's Treynor ratio? 1) 11.23 2) 10.00 3) 11.06 4) 10.60 5) 10.73

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