You want to evaluate three mutual funds using the Treynor measure for performance evaluation.The risk-free return during the sample period is 6%.The average returns, standard deviations, and betas for the three funds are given below, in addition to information regarding the S&P 500 Index. 
The fund with the highest Treynor measure is
Definitions:
Photoreceptors
Cells in the retina of the eye that respond to light, initiating the process of visual perception.
Optic Nerve
A cranial nerve that transmits visual information from the retina to the brain.
Auditory Cortex
Portion of the cerebral cortex that is responsible for the conscious sensation of sound; in the dorsal portion of the temporal lobe within the lateral fissure and on the superolateral surface of the temporal lobe.
Vestibulocochlear Nerve
The eighth cranial nerve that transmits sound and equilibrium (balance) information from the inner ear to the brain.
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