Multiple Choice
In a particular year, Salmon Arm Mutual Fund earned a return of 16% by making the following investments in asset classes: The return on a bogey portfolio was 12% calculated as follows:
-The total excess return on the managed portfolio was __________.
A) 2%
B) 3%
C) 4%
D) 5%
Correct Answer:

Verified
Correct Answer:
Verified
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