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value 2.00 points Consider the following information regarding the performance of a money manager in a recent month. The table presents the actual return of

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value 2.00 points 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 t returns of sector indexes in column (4). Index Return ActualActual Benchmark ReturnWeightWeight 2.0% 1.0 0.5 Equity 0.70 0.20 0.10 0.60 2.5% (S&P 500) 0.30 12 (Aggregate Bond Index) 0.10 Bonds 0.5 Cash a-1. What was the manager's return in the month? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Manager's return a-2. What was her over or underperformance? (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal 1.65 % places.) Underperformance b. What was the contribution of security selection to relative performance? (Negative value should be indicated by a minus sign. Do not round intermediate 1.91 % calculations. Round your answer to 2 decimal places.) Contribution of security selection c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Contribution of asset allocation -0.39 % 0.13 0 %

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