Question 9 (1.5 points) The purpose of a policy statement is to comply with the Bank's Act to assess total portfolio risk to communicate investment needs and constraints of an investor to create a performance benchmark for portfolio managers 5 Question 10 (1.5 points) Market risk premium is 18 O excess risk of a market portfolio over an asset excess return of a market portfolio over the risk free rate of return excess risk of a market portfolio over a Tresury Bill excess return of an asset over a market index Question 11 (1.5 points) ( tv A