Problem 18-01 The following portfolios are being considered for investment. During the period under consideration, RFR = 0.06. Portfolio Beta 0 Return 0.15 1.00 0.50 0.06 0.04 0.08 Q R 0.22 1.40 0.12 S 0.18 1.10 0.07 0.05 Market 0.12 1.00 a. Compute the Sharpe measure for each portfolio and the market portfolio. Round your answers to three decimal places. Portfolio Sharpe measure P Q R S Market b. Compute the Treynor measure for each portfolio and the market portfolio. Round your answers to three decimal places. Portfolio Treynor measure P Q R S Market c. Rank the portfolios using each measure, explaining the cause for any differences you find in the rankings. Portfolio Rank (Sharpe measure) Rank (Treynor measure) -Select- -Select- Q -Select- -Select- R -Select- -Select- S -Select- -Select- Market -Select- -Select- P -Select- is poorly diversified since it has a high ranking based on the -Select- . , but a much lower ranking with the -Select