In a Particular Year, Razorback Mutual Fund Earned a Return

question 22

Multiple Choice

In a particular year, Razorback Mutual Fund earned a return of 1% by making the following investments in asset classes: The return on a bogey portfolio was 2%, calculated from the following information.
The contribution of selection within markets to the Razorback Fund's total excess return was

• A)-1.80%.
• B)-1.00%.
• C)0.80%.
• D)1.00%.

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