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A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing

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A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the return on the MSCl World Market Portiolio, but she is free to hold stocks from various courties in whatever proportions she finds desirable Results for a given month are contained in the following table: Required: a. Calculate the total value added of all the manager's decisions this period (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) b. Calculate the value odded (or subtracted) by her country allocotion decisions. (Do not round intermediate calculations. Round your onswer to 2 decimal places. Negative amount should be indicated by a minus sign.)

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