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 is0.93.
Year Fund Market Risk-Free
2011 –23.60 % –44.50 % 1 %
2012 25.10 21.50 3
2013 14.40 15.40 2
2014 7.00 9.20 6
2015 –2.40 –6.20 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.)
Jensen’s alpha %
Information ratio

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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 is0.93.YearFundMarketRisk-Free2011–23.60%–44.50%1%201225.1021.503201314.4015.40220147.009.2062015–2.40–6.202Calculate 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.)Jensen’s alpha %Information ratio

Year	Fund		Market		Risk-Free
2011	–23.60	%	–44.50	%	1	%
2012	25.10		21.50		3
2013	14.40		15.40		2
2014	7.00		9.20		6
2015	–2.40		–6.20		2