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Below is the data on the performance of Norton Fund and the market portfolio Norton Fund Market Avg Return 16% 12% Std. Dev. of Return
Below is the data on the performance of Norton Fund and the market portfolio
| Norton Fund | Market | |
| Avg Return | 16% | 12% |
| Std. Dev. of Return | 26% | 22% |
| Beta | 1.15 | 1.0 |
| Std. Dev. of Residuals | 1.0% | 0.0% |
The risk-free rate during this period is 4%. What is the Information Ratio for the Norton Fund, rounded to the second decimal place?
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
