You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset:

Portfolio | Rp | p | Bp

X | 15.00 | 32.00 | 1.40

Y | 14.00 | 27.00 | 1.10

Z | 9.00 | 17.00 | 0.75

Market | 10.30 | 22.00 | 1.00

Risk-free | 4.20 | 0 | 0

Assume that the tracking error of Portfolio X is 7.40 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.

You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset: Assume that the tracking error of Portfolio X is 7.40 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. Answer is complete but not entirely correct