The following data are available relating to the performance of Long Horn Fund and the market portfolio:

The risk$-$free return during the sample period was $6\%.$

What is the Treynor measure of performance evaluation for Long Horn Fund?

Multiple Choice

$1\mathrm{.}33\%$

$4\mathrm{.}00\%$

$8\mathrm{.}67\%$

$31\mathrm{.}43\%$

$37\mathrm{.}14\%$