Question
Below is the data on the performance of Reading Fund and the market portfolio Reading Fund Market Avg Return 20% 11% Std. Dev. of Return
Below is the data on the performance of Reading Fund and the market portfolio
| Reading Fund | Market | |
| Avg Return | 20% | 11% |
| Std. Dev. of Return | 44% | 19% |
| Beta | 1.8 | 1.0 |
| Std. Dev. of Residuals | 2.0% | 0.0% |
The risk-free rate during this period is 3%. What is the Information Ratio measure for the Reading Fund? Please enter your answer rounded to the second decimal point.
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
Authors: Paul A Copley
11th Edition
0078025451, 9780078025457
