Question
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 0.97. Year Fund Market Risk-Free 2011 15.20 % 30.50 % 3 % 2012 25.10 20.10 4 2013 13.00 11.20 2 2014 7.40 8.00 5 2015 1.56 3.20 2 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.)
Jensen's Alpha= ??? in percentage form
Information ratio= ???
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