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The following are the returns of a bond portfolio and the returns of a relevant benchmark index for the past 5 years: Year Port. Return

The following are the returns of a bond portfolio and the returns of a relevant benchmark index for the past 5 years:

Year

Port. Return (%)

Bench. Return (%)

1

8.39

9.46

2

5.54

4.78

3

1.57

2.34

4

6.27

7.93

5

4.39

3.69

What is the tracking risk of this portfolio based on these 5 years? Enter answer in percents.

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