Question $9.)$ The contribution of asset allocation across markets to the Pontipines Fund's total abnormal

return was:

$)-1\mathrm{.}80\%$

$)-1\mathrm{.}00\%$

C$)0\mathrm{.}80\%$

D$)1\mathrm{.}00\%$Use the following information to answer questions $8-10.$ In a particular year, the Pontipines Fund

earned a return of $1\%$ by making the following investments in asset classes:

The return on a bogey portfolio was $2\%,$ calculated from the following information:

The total abnormal return on the Pontipines Fund's managed portfolio was:

A$)-1\mathrm{.}80\%$

B$)-1\mathrm{.}00\%$

C$)0\mathrm{.}80\%$

D$)1\mathrm{.}00\%$