In a Particular Year, Aggie Mutual Fund Earned a Return

question 72

Multiple Choice

In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes: The return on a bogey portfolio was 10%, calculated as follows: The contribution of asset allocation across markets to the total excess return was

• A)1%.
• B)3%.
• C)4%.
• D)5%.

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Definitions:

Military Expenditure

The amount of financial resources dedicated by a nation to maintaining and enhancing its armed forces and defense capabilities.

World's Population

The total number of living humans on Earth at any given time.

Charismatic Authority

A form of leadership where followers attribute extraordinary abilities or qualities to a leader, often leading to high levels of devotion and loyalty.

Legal-Rational Authority

A type of leadership or rule based on established laws, procedures, and rules, characterized by a clear division of responsibilities and an emphasis on technical competence.