I need help solving the problems that's been bolded, underlined, and italicized. I will give the instructions below.

For Questions 8-11 you will use the dataset "managers" from the PerformanceAnalytics package in R. This dataset is already in XTS format and no further data cleaning is necessary. Please use this dataset as is and DO NOT impute any null values with 0. The dataset begins on 1996-01-31 and end on 2006-12-31. It contains the following variables:

• HAM1-HAM6:Columns of monthly returns for six hypothetical asset managers
• EDHEC LS EQ:EDHEC Long-Short Equity hedge fund index
• SP500 TR:S&P 500 total returns
• US 10YR TR:Total return series for US Treasury 10-year bond
• US 3m TR:Total return series for US Treasury 3-month bill

The dataset "managers" can be found by using the following code:

if (!require(PerformanceAnalytics))

install.packages("PerformanceAnalytics")

library(PerformanceAnalytics)

data(managers)

Note: You may/may not need the following dependencies:

lubridate package

9) Which manager had the highest Jensen's Alpha? (Hint: You can use the US 10 Year Treasury Bond as the Risk Free Rate and the SP 500 data as the Market Return)

a) Hypothetical Manager 1

b) Hypothetical Manager 2

c) Hypothetical Manager 3

d) Hypothetical Manager 4