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Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio

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Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk-free return during the sample period was 5%. 
                                                                  Guardian                    Market Portfolio

Average return                                             14%                             10%

Standard deviation of returns                       26%                             21%

Beta                                                              1.2                               1

Residual standard deviation                          4%                              0% 
Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.)