In a Particular Year, Aggie Mutual Fund Earned a Return

Multiple Choice

In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes: The return on a bogey portfolio was 10%, calculated as follows: The contribution of selection within markets to total excess return was

A) 1%.
B) 3%.
C) 4%.
D) 5%.