You're managing a portfolio for a client, and have collected the information below. Note that the beta for each asset class is calculated with respect to the S&P500. (Thus, the residual variance for the S&P500 is zero.) TABLE 1 Standard Expected Return Beta Deviation S&P500 7% 1.00 14% 1.25 19% Foreign Stocks 8% Emerging Market Stocks 9% US Bonds 1% 1.50 24% 0.10 7% Risk-Free Asset 1% Suppose the market weights for the four asset classes are as follows: Market Weights 40% S&P500 20% Foreign Stocks Emerging Market Stocks 10% US Bonds 30% Calculate the tracking error of the equally weighted portfolio with respect to the market portfolio. Enter the number with one decimal place and a percentage sign (for example, 5.7% or 8.0%). Tracking error: You're managing a portfolio for a client, and have collected the information below. Note that the beta for each asset class is calculated with respect to the S&P500. (Thus, the residual variance for the S&P500 is zero.) TABLE 1 Standard Expected Return Beta Deviation S&P500 7% 1.00 14% 1.25 19% Foreign Stocks 8% Emerging Market Stocks 9% US Bonds 1% 1.50 24% 0.10 7% Risk-Free Asset 1% Suppose the market weights for the four asset classes are as follows: Market Weights 40% S&P500 20% Foreign Stocks Emerging Market Stocks 10% US Bonds 30% Calculate the tracking error of the equally weighted portfolio with respect to the market portfolio. Enter the number with one decimal place and a percentage sign (for example, 5.7% or 8.0%). Tracking error