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The Layton Growth Fund has an alpha of 1.7 percent. You have determined that Layton's information ratio is 20. What must Layton's tracking error be

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The Layton Growth Fund has an alpha of 1.7 percent. You have determined that Layton's information ratio is 20. What must Layton's tracking error be relative to its benchmark? (Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Tracking error 0.08 %

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