In a Particular Year, Salmon Arm Mutual Fund Earned a Return

question 38

Multiple Choice

In a particular year, Salmon Arm Mutual Fund earned a return of 16% by making the following investments in asset classes: The return on a bogey portfolio was 12% calculated as follows:
-The contribution of security selection within asset classes to the total excess return was __________.

• A) 1.5%
• B) 2.0%
• C) 2.5%
• D) 3.5%

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