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  3. the layton growth fund has an alpha of 1.6 percent

The Layton Growth Fund has an alpha of 1.6 percent. You have determined that Laytons...

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Finance

The Layton Growth Fund has an alpha of 1.6 percent. You have determined that Laytons information ratio is 0.25. What must Laytons tracking error be relative to its benchmark? (Enter your answer as a percent rounded to 2 decimal places.)

Tracking error ________%

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