Over a certain evaluation period, a mutual fund earns an average return of 6%, while its benchmark earns an average return of 4%. The risk-free rate of return is 2%. If the standard deviation of funds excess return over the benchmark is 8%, what is the funds information ratio? Over a certain evaluation period, a mutual fund earns an average return of 6%, while its benchmark earns an average return of 4%. The risk-free rate of return is 2%. If the standard deviation of funds excess return over the benchmark is 8%, what is the funds information ratio? 0.50 0.25 1.00 0.75