The performance attribution spreadsheet develops the model can be used to ar APPLICATIONS 23 Spreadsheets are available in Connect Excel Questions 1. What would happen to the contribution of asset allocation to overall performance if the actual weights had been 75/12/13 instead of 70/7/23 ? Explain your result. 2. What would happen to the contribution of security selection to overall performance if the actual return on the equity portfolio had bee 8.28% instead of 7.28% and the return on the bond portfolio had been .89% instead of 1.89% ? Explain your result. SpreadsheetsareavailableinConnect Excel Questions 1. What would happen to the contribution of asset allocation to overall performance if the actual weights had been 75/12/13 instead of 70/7/23 ? Explain your result. 2. What would happen to the contribution of security selection to overall performance if the actual return on the equity portfolio had beei 8.28% instead of 7.28% and the return on the bond portfolio had been .89% instead of 1.89% ? Explain your result