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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 5%. Guardian Market Portfolio Average return 14% 10% Standard deviation of returns 26% 21% 1 Beta Residual standard deviation 4% 0% Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.) Inform tion ratio 0.75 1.2
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