The following portfolios are being considered for investment. During the period under consideration, RFR = 0.08.

Portfolio	Return	Beta	i
P	0.15	1.00	0.06
Q	0.17	1.10	0.07
R	0.11	0.50	0.04
S	0.21	1.40	0.12
Market	0.13	1.00	0.05

A. Compute the Sharpe measure for each portfolio and the market portfolio. Round your answers to three decimal places.

1. 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.

1. 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)
   P
   Q
   R
   S
   Market