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Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio R P P P X 15 % 31 % 1.85

Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset:

Portfolio RP P P
X 15 % 31 % 1.85
Y 14 26 1.25
Z 8.3 16 0.85
Market 11.2 21 1
Risk-free 4.8 0 0

Assume that the tracking error of Portfolio X is 11.6 percent. What is the information ratio for Portfolio X? (Round your answer to 4 decimal place.)

Information ratio

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