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You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .96. Year Fund Market Risk-Free 2015 14.85 % 29.50 % 3 % 2016 25.10 20.00 5 2017 12.90 10.90 2 2018 7.20 8.00 5 2019 1.50 3.20 3 Calculate Jensens alpha for the fund, as well as its information ratio. (Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places.)
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