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.

$($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.