You are an advisor reviewing fund managers' performance over the last year. Your records indicate that government bonds have returned 6% over the period. You have also obtained the following information: (a) What is the beta for the market portiolio? (2 marks) (b) Which fund manager has performed BEST according to its Sharpe ratio? What does the Sharpe measure attempt to measure? (10 marks) (c) Given the information above, calculate each fund managers' Jensen's alpha. What does this measure? Rank the managers from best to worst performer according to this measure. (13marks)(Total:25marks)