P and the market portfolio M: Active Portfolio P Market Portfolio M Average return 11% 12% Beta 0.8 ? 17% 21% Standard deviation Residual standard deviation (de) 6% ? The T-bill (risk-free) rate is 1%. A. (1 point) What should be the beta () and residual standard deviation (de) of the market portfolio? You do not need to explain your answer in this subquestion. B. (1 point) Compute the Sharpe ratio for P and M. Did P outperform M? C. (1 point) Compute the Treynor ratio for P and M. Did P outperform M? D. (1 point) Calculate the information ratio for P. P and the market portfolio M: Active Portfolio P Market Portfolio M Average return 11% 12% Beta 0.8 ? 17% 21% Standard deviation Residual standard deviation (de) 6% ? The T-bill (risk-free) rate is 1%. A. (1 point) What should be the beta () and residual standard deviation (de) of the market portfolio? You do not need to explain your answer in this subquestion. B. (1 point) Compute the Sharpe ratio for P and M. Did P outperform M? C. (1 point) Compute the Treynor ratio for P and M. Did P outperform M? D. (1 point) Calculate the information ratio for P