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The Layton Growth Fund has an alpha of 1.1 percent. You have determined that Laytons information ratio is .40. What must Laytons tracking error be

The Layton Growth Fund has an alpha of 1.1 percent. You have determined that Laytons information ratio is .40. What must Laytons tracking error be relative to its benchmark? (Round your answers to 2 decimal places. Omit the "%" sign in your response.)

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