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 $0\mathrm{.}97.$

Calculate Jensen's alpha for the fund, as well as its information ratio.

Note: Do not round intermediate calculations. Enter the alpha as a percent rounded to $2$ decimal places. Round the ratio to $4$

decimal places.

Answer is complete but not entirely correct.