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 __________.
Definitions:
Picture Tools Format Tab
A set of tools within software like Microsoft Word or PowerPoint that allows for the modification and styling of inserted images.
More Button
A UI element in software that when clicked, reveals additional options or information that were not initially visible.
PowerPoint
A presentation program developed by Microsoft, used to create visual aids for presentations, including slides with text, images, and multimedia.
Varied
Describes something that is characterized by diversity or a range of different types or forms.
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