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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 0.89.

Year Fund Market Risk-Free
2011 21.20 % 40.50 % 2 %
2012 25.10 21.10 4
2013 14.00 14.20 2
2014 6.20 8.80 4
2015 2.16 5.20 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.)

Jensens alpha 3.50selected answer correct %
Information ratio ????????

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