play a role of a raven portfolio mamager who has allocate a bonus pool to the flour analysts working for him. Assume that raven earns a20% incentive feeon the total return and that all of the 2009 retuns were above the funds high water masks. Use 30% of incentive fee as the bonus pool to be allocated to the four analysts .The four analysts backgrounds and 2009 portfolio perfomance are described in Figures A and B below . please review these figure carefully . then answer the following questions

A. how would you allocate bonuses to these four analysts? what alternatives did you consider ? why did you make the choices you did ?

B. Is there any other information you would like to have had available before makinv your decisions? if so , which?

c. Do you think you should pay out the entire bonus this year, or hold some money in a bonus bank reserve , why or why not ?