The Table Below Shows Selected Financial Data for the Turtle

question 14

Multiple Choice

The table below shows selected financial data for the Turtle Income fund, the Hare Growth fund, the market portfolio and the risk free asset. Calculate the Treynor Index for each of the funds. How do the Treynor Index measures for the two funds compare to the Market's Treynor Index value? $$\begin{array} { | c | c | c | c | c | } \hline & \text { Turtle } & \text { Hare } & \text { Market } & \text { Risk Free } \\\hline \begin{array} { c } \text { Expected } \\\text { Return }\end{array} & 10 \% & 13 \% & 12 \% & 5 \% \\\hline \text { Std Dev. } & 8.5 \% & 17.9 \% & 11.9 \% & 0 \% \\\hline \text { Beta } & 0.7143 & 1.4 & 1 & 0 \\\hline\end{array}$$

• A)Turtle < Hare < Market
• B)Turtle < Hare = Market
• C)Hare < Turtle < Market
• D)Hare < Turtle = Market
• E)Market < Hare < Turtle

---

Definitions:

Organized Crime

Criminal activities that are planned and controlled by powerful groups and carried out on a large scale.

Tax Evasion

The illegal act of not paying taxes by individuals, corporations, and trusts, through various means including dishonest tax reporting.

Criminally Negligent

Involving a lack of care or foresight in actions or omissions that lead to unlawful harm or damage to others.

Profit Maximization

The process or strategy of adjusting the production and sale of goods and services to achieve the highest possible profit.