You have been given the following return information for a mutual fund, the market index, and...

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Finance

You have been given the following return information for amutual fund, the market index, and the risk-free rate. You alsoknow that the return correlation between the fund and the market is0.95.
Year Fund Market Risk-Free
2011 –23.00 % –43.50 % 3 %
2012 25.10 21.40 5
2013 14.30 15.10 2
2014 6.80 8.80 6
2015 –2.34 –5.20 2
Calculate Jensen’s alpha for the fund, as well as itsinformation ratio. (Do not round intermediate calculations.Enter the alpha as a percent rounded to 2 decimal places. Round theratio to 4 decimal places.)

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You have been given the following return information for amutual fund, the market index, and the risk-free rate. You alsoknow that the return correlation between the fund and the market is0.95.YearFundMarketRisk-Free2011–23.00%–43.50%3%201225.1021.405201314.3015.10220146.808.8062015–2.34–5.202Calculate Jensen’s alpha for the fund, as well as itsinformation ratio. (Do not round intermediate calculations.Enter the alpha as a percent rounded to 2 decimal places. Round theratio to 4 decimal places.)

Year	Fund		Market		Risk-Free
2011	–23.00	%	–43.50	%	3	%
2012	25.10		21.40		5
2013	14.30		15.10		2
2014	6.80		8.80		6
2015	–2.34		–5.20		2