The following data are available relating to the performance of Sooner Stock Fund and the market portfolio for a time when the risk-free rate was 3%. What is the information ratio for the Sooner Fund?

	Sooner	Market
Average return	20%	11%
Standard deviations of returns	44%	19%
Beta	1.8	1.0
Residual standard deviation	2.0%	0.0%

• A.

  0.76

• B.

  1.30

• C.

  1.44

• D.

  2.60

• E.

  2.80