The following data are available relating to the performance of Wildcat Fund and the market portfolio:

The risk-free return during the sample period was 7%.
Calculate Jensen's measure of performance for Wildcat Fund.

A) 1.00%
B) 8.80%
C) 44.00%
D) 50.00%
E) 55.00%

Jensen's Measure

A metric used to evaluate the performance of an investment manager by comparing their returns with those of a benchmark, adjusting for market risk.

Risk-Free Return

The theoretical return on an investment with no risk of financial loss, typically associated with government bonds.

Wildcat Fund

An investment fund that takes higher risks with the expectation of higher returns, often investing in speculative ventures.