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The average returns, standard deviations and betas for three funds are given below along with data for the S&P 500 index. The risk-free return during the sample period is 6%. You wish to evaluate the three mutual funds using the Treynor measure for performance evaluation. The fund with the highest Treynor measure of performance is ________.
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Substances in the air that can cause harm to humans and the environment, including particulates, nitrogen dioxide, sulfur dioxide, and carbon monoxide.
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A fuel mixture that includes gasoline blended with ethanol, typically used to reduce pollutants from vehicle emissions.
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