Question: Problem 13-20 Jensen's Alpha (LO1, CFA7) You have been given the following return information for a mutual fund, the market index, and the risk-free rate.

Problem 13-20 Jensen's Alpha (LO1, CFA7) You have been given the

Problem 13-20 Jensen's Alpha (LO1, CFA7) 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 0.93. Risk-Free 1% Year 2011 2012 2013 2014 2015 Fund -20.00% 25.10 13.80 7.40 -2.04 Market -38.50% 20.90 13.60 8.40 -4.20 # NON 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.)

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