Problem $13-20$ Jensen's Alpha $($LO$1,$ CFA$7)$

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 $97.$

Calculate Jensen's alpha for the fund, as well as its information ratio. $($Do not round intermediate calculations. Enter the alpha as a

percent rounded to $2$ decimal places. Round the ratio to $4$ decimal places.$)$