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

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.
Year Fund Market Risk-Free
201515.80%31.50%3%
201625.1020.205
201713.1011.502
20187.608.005
20191.623.203
Calculate Jensens alpha for the fund, as well as its information ratio.

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