Problem $13-20$ Jensen's Alpha $($LO$1,$ CFA$5)$

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 $0\mathrm{.}97.$

Year Fund Market Risk$-$Free

$201815\mathrm{.}20\%30\mathrm{.}50\%3\%$

$201925\mathrm{.}1020\mathrm{.}104$

$202013\mathrm{.}0011\mathrm{.}202$

$20217\mathrm{.}408\mathrm{.}005$

$20221\mathrm{.}563\mathrm{.}202$

Calculate Jensen$$s alpha for the fund, as well as its information ratio.

Note: Do not round intermediate calculations. Enter the alpha as a percent rounded to $2$ decimal places. Round the ratio to $4$ decimal places.Problem $13-20$ Jensen's Alpha $($LO$1,$ CFA$5)$

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 $0\mathrm{.}97.$

Calculate Jensen's alpha for the fund, as well as its information ratio.

Note: Do not round Intermedlate calculations. Enter the alpha as a percent rounded to $2$ decimal places. Round the ratlo to $4$ decimal

places.