the hair portfolio earned 14.67% in a year when its benchmark earned 13.78% and the risk free rate was 3%. the standard deviation of the hsif portfolio was 22.7% whereas the benchmark's was 20.2%. using the m-squared measure, what was the risk-adjusted difference between the hsif portfolio and the benchmark? (report your answer to the nearest basis point, writing a percentage like 2.34% as 2.34, not .0234.)