The following table provides information about 4 different portfolios. The risk-free rate is 0.01: Portfolio Portfolio return Standard deviation beta A 0.14 0.18 1.2 B 0.15 0.15 0.95 C 0.17 0.25 1.4 D 0.22 0.30 2 i. Calculate the Treynor measure and Sharpe ratio for all 3 portfolios (round your results to 3 decimal points) (10 marks) ii. Rank the portfolios based on those two measures (5 marks) iii. Comment on the differences between the rankings (if any). Which measure is more appropriate if there are indeed differences in the rankings? (10 marks) iv. If the market portfolio has a return of 0.14, which fund(s) outperformed the market using the Treynor measure? (5 marks) v. Which measure would you prefer to calculate, if you were only interested in the downside risk of the portfolio? (5 marks) b) i. Assume that a trader can consistently realize positive abnormal returns on their portfolio by utilizing publicly available information. Does this violate the weak form of market efficiency hypothesis? Explain in maximum 150 words. (10 marks) ii. Explain in maximum 150 words the upward-sloping yield curve. (5 marks)