You have the following MONTHLY returns for a managed fund, Madiera, and its benchmark, the S&P 500: Madiera -0.991 . -2.38 -3.837 -7.111 .-9.13 SP500 -0.034 0.636 2.382 0.894 0.107 What is the Tracking Error for Madiera Fund? You must use the Industry Standard method we discussed in class (and use population calculations rather than sample) O a 3.08 Ob. 10.68 O c. -5.49 O d. 22.24 O e. Can not be calculated unless we also have beta Calculate the so-called "y-ratio" as described in the textbook, if you have: For the market; the risk-free rate is 2%, the market return is 12%, and the market variance is 14%. For the risky portfolio; the return is 5.7%, the variance 6%, the PE is 25, the P/EBITDA is 25, and the beta is 1.26. If your risk aversion level (A) is 3.8, what proportion should you invest in the risky portfolio? O a. none of these O b. 0.62 O c. 0.16 Od 0.07 Oe. 0.25