Question: QUESTION 23 The following data are available relating to the performance of Friedman Stock Fund and the market portfolio Friedman Market Portfolio 16% 12% Average

 QUESTION 23 The following data are available relating to the performance

QUESTION 23 The following data are available relating to the performance of Friedman Stock Fund and the market portfolio Friedman Market Portfolio 16% 12% Average return Standard deviations of returns 26% 2296 Beta 1.15 1.00 Residual standard deviation 19 10% The risk-free return during the sample period was 4%. Calculate Information Ration for Friedman Stock Fund 0 1 0 28 4.40 82

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