The following data are available relating to the performance of Monarch Stock Fund and the market portfolio: 
The risk-free return during the sample period was 4%. What is the information ratio measure of performance evaluation for Monarch Stock Fund
Definitions:
Real Output
Real output refers to the goods and services produced by an economy, measured in physical terms, and adjusted for inflation to reflect true productivity and growth.
Velocity of Money
The rate at which money circulates in the economy, typically measured as the ratio of nominal GDP to the money supply, indicating the frequency of transactions.
Unemployment
The situation when individuals who are capable of working and are seeking work are unable to find employment.
Great Depression
A severe worldwide economic downturn that took place during the 1930s, marked by high unemployment, failing banks, and deflation.
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