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QUESTION 20 The following data are available relating to the performance of Friedman Stock Fund and the market portfolio Friedman Market Portfolio 12% 116% 126%

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QUESTION 20 The following data are available relating to the performance of Friedman Stock Fund and the market portfolio Friedman Market Portfolio 12% 116% 126% 224 Average return Standard deviations of returns Beta Residual standard deviation 1.15 1.00 10% 1% The risk-free return during the sample period was 4% Calculate Information Ration for Friedman Stock Fund 0 1 O 2.8 4.40 82

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