In a Particular Year, Razorback Mutual Fund Earned a Return

question 20

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 total excess return on the Razorback Fund's managed portfolio was

• A) -1.80%.
• B) -1.00%.
• C) 0.80%.
• D) 1.00%.
• E) 1.90%

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Definitions:

Personality Traits

Characteristics and qualities that form an individual's distinctive character, influencing thoughts, feelings, and behaviors.

Role Playing

The act of adopting roles and acting them out in a social setting to explore different aspects of the self or to practice behaviors.

Cognitive Dissonance

A psychological phenomenon where there is discomfort or distress from holding two conflicting beliefs, attitudes, or values simultaneously.

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underemphasizing situational explanations.