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The Layton Growth Fund has an alpha of 16 percent. You have determined that Layton's information ratio is 25. What must Layton's tracking error be

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The Layton Growth Fund has an alpha of 16 percent. You have determined that Layton's information ratio is 25. What must Layton's tracking error be relative to its benchmark? (Enter your answer as a percent rounded to 2 decimal places.) Tracicing error %

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