Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help finding a-2. Consider the following information regarding the performance of a money manager in a recent month. The table presents the actual

I need help finding a-2.image text in transcribed

Consider the following information regarding the performance of a money manager in a recent month. The table presents the actual return of each sector of the manager's portfolio in column (1), the fraction of the portfolio allocated to each sector in column (2), the benchmark or neutral sector allocations in column (3) and the returns of sector indexes in column (4) Actual Benchmark Index Return Actual ReturnWeightWeight 0.30 0.50 0.20 2.5% 1.8 1.4 0.20 0.60 0.20 3.4% 2.3 1.4 (S&P 500) (Aggregate Bond index) Bonds Cash a-1. What was the manager's return in the month? (Do not round intermediate calculations Enter your answer as a percentage rounded to 2 decimal places.) Manager's return 1.93 % a-2. What was her over- or under-performance? (Enter a positive value for over-performance or a negative value (using a minus sign) for under-performance. Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places.) Over-or underperformance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

7 If sin(a) = 25 12 13 2 where 0 Answered: 1 week ago

Answered: 1 week ago