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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 103

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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)     -Refer to Exhibit 18.11. Which of the following statements is TRUE? A)  Sector/security selection hurt the portfolio performance; returns were 1.4% less than if the manager invested the funds in stocks and bond indexes. B)  Sector/security selection improved the port-folio performance by 1.4%; each sector return was higher than for index value. C)  Sector/security selection hurt the portfolio performance; returns were 6.8% less than if the manager invested the funds in stocks and bond indexes. D)  Sector/security selection improved the port-folio performance by 6.8%; each sector return was higher than for index return. E)  None of these are correct.
-Refer to Exhibit 18.11. Which of the following statements is TRUE?


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