The Following Data Are Available Relating to the Performance of Scooner

Multiple Choice

The following data are available relating to the performance of Scooner Stock Fund and the market portfolio: $\begin{array}{lcc} & \text { Scooner } & \text { Market } \\&&\text { Portfolio }\\\text { Average return } & 19 \% & 12\% \\\text { Standard deviations of returns } & 35\% & 15\% \\\text { Beta } & 1.5 & 1.0 \\\text { Residual standard deviation } & 3.0 \% & 0.0 \%\end{array}$

The risk-free return during the sample period was 6%.
Calculate the Jensen measure of performance evaluation for Scooner Stock Fund.

A) 1.33%
B) 4.00%
C) 8.67%
D) 31.43%
E) 37.14%