Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk-free return during the sample period was 5%.

	Guardian			Market Portfolio
Average return		14	%		10	%
Standard deviation of returns		26	%		21	%
Beta		1.2			1
Residual standard deviation		4	%		0	%

Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.)

Suppose you buy 350 shares of Applied Materials Corporation at the beginning of year 1 for $43.25 per share. Applied Materials Corporation pays no dividends. The stock price at the end of year 1 is $47.25, the price is $55.25 at the end of year 2, and the price is $63.25 at the end of year 3. The stock price declines to $60.25 at the end of year 4, and you sell your 350 shares.

What is your geometric average return for the 4-year period? (Round your answer to 2 decimal places. Do not round intermediate calculations.)