The following data are available relating to the performance of MMM Stock Fund and the market portfolio:

MMM

Market Portfolio

Average return

$16$

$\%$

$12$

$\%$

Standard deviations of returns

$26$

$\%$

$22$

$\%$

Beta

$1\mathrm{.}15$

$1\mathrm{.}00$

Residual standard deviation

$1$

$\%$

$0$

$\%$

The risk$-$free return during the sample period was $4\%.$

Calculate Treynor's measure of performance for MMM Stock Fund.

Question $16$ options:

A$)$

$0\mathrm{.}44$

B$)$

$0\mathrm{.}1043$

C$)$

$0\mathrm{.}50$

D$)$

$0\mathrm{.}088$