Use the pollowing info

$5$ years Returns

Market Retwan

Benchnark

Risk free Retwe

$\mathrm{.}18$

$0\mathrm{.}18$

Beta

$\mathrm{.}05$

$\mathrm{.}05$

Stand dev

$\mathrm{.}20$

$0\mathrm{.}45$

The porffolis manager the bench mear os evidence by a Tregnar mersure points

the benchmark.

a$.$ out performed, $\mathrm{.}025,$ higher

b$.$ underperformed, $\mathrm{.}015,$ lower

c$.$ outperformed, O Is$,$ lower

d$.$ underperformed. $\mathrm{.}025,$ higher