Problem 13-4 Information Ratio (LO1, CFA7) You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio Rp 6p X 16.50% 37.00% 1.40 15.50 32.00 1.15 Z 7.40 22.00 .70 Market 11. 80 27.00 1.00 Risk-free 5.20 Assume that the tracking error of Portfolio X is 9.50 percent. What is the information ratio for Portfolio X? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 4 decimal places.) Information ratio