Question: 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

You have been given the following return information for a mutual

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 0.89 Fund Market Risk-Free Year 2011-14.92% 2012 2013 2014 2015 -2850% 19.90 10.60 7.60 -2.20 29 25.10 12.80 7.00 2 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.) Jensen's alpha 3.81 % Information ratio

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