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The Following Data Are Available Relating to the Performance of Sooner

question 41

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The following data are available relating to the performance of Sooner Stock Fund and the market portfolio:  Sooner  Market  Portfolio  Average return 20%11% Standard deviations of returns 44%19% Beta 1.81.0 Residual standard deviation 2.0%0.0%\begin{array}{lcc} & \text { Sooner } & \text { Market } \\&&\text { Portfolio }\\\text { Average return } & 20 \% & 11\% \\\text { Standard deviations of returns } & 44\% & 19\% \\\text { Beta } & 1.8 & 1.0 \\\text { Residual standard deviation } & 2.0 \% & 0.0 \%\end{array}
The risk-free return during the sample period was 3%.
Calculate the information ratio for Sooner Stock Fund.

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