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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 0.97.

Year Fund Market Risk-Free
2011 18.80 % 36.50 % 1 %
2012 25.10 20.70 6
2013 13.60 13.00 2
2014 7.00 8.40 6
2015 1.92 4.20 2

Calculate Jensens alpha for the fund, as well as its information ratio.

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