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Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk- free return during the
Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk- free return during the sample period was 4%. Average return Standard deviation of returns Beta Residual standard deviation Guardian 14% 27% 0.25 1.5 X 4% Answer is complete but not entirely correct. Information ratio Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.) Return Market Portfolio 10% 21% 1 0%
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