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Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of
Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual
return of each sector of the manager's portfolio in column the fraction of the portfolio allocated to each sector in column the
benchmark or neutral sector allocations in column and the returns of sector indices in column c What was the contribution of asset allocation to relative performance? Do not round intermediate calculations. Round your
answer to decimal places. Negative amount should be indicated by a minus sign.Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual
return of each sector of the manager's portfolio in column the fraction of the portfolio allocated to each sector in column the
benchmark or neutral sector allocations in column and the returns of sector indices in column
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