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You are given the following information concerning three portfolios, the market portfolio, and the risk - free asset: Portfolio Rp sigma p beta

You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset:
Portfolio Rp \sigma p \beta p
X 14.60%35.00%1.30
Y 13.6030.001.25
Z 8.4020.000.90
Market 11.6025.001.00
Risk-free 6.0000
Assume that the tracking error of Portfolio X is 9.30 percent. What is the information ratio for Portfolio X?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 4 decimal places.

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