The following data are available relating to the performance of the Haahoos Stock Fund and

the market portfolio:

Haahoos Market Portfolio

Average return $19\%12\%$

Standard deviations of returns $35\%15\%$

Beta $1\mathrm{.}51\mathrm{.}0$

Residual standard deviation $3\mathrm{.}0\%0\mathrm{.}0\%$

The risk$-$free return during the sample period was $6\%.$ Calculate the information ratio for the

Haahoos Stock Fund.

A$)1\mathrm{.}33$

B$)4\mathrm{.}00$

C$)0\mathrm{.}33$

D$)3\mathrm{.}11$