You want to evaluate three mutual funds using the Sharpe measure for performance evaluation. The risk-free return during the sample period is 5%. The average returns, standard deviations, and betas for the three funds are given below, as are the data for the S\&P 500 Index. 1) Compute the Sharpe ratios for all funds and M2 measures between each fund and the Market portfolio. 2) Compute the Treynor ratios for all funds and T2 measures between each fund and the Market portfolio 3) Suppose the risk-free return is 3%. The beta of a managed portfolio is 1.75 , the alpha is 0%, and the average return is 16%. Based on Jensen's measure of portfolio performance, calculate the return on the market portfolio and the abnormal return of the managed 4) In a particular year, Rawls Mutual Fund earned a return of 1% by making the following investments in asset classes: The return on a bogey portfolio was 2%, calculated from the following information. Compute the contribution of asset allocation across markets to the Rawls Fund's total abnormal return