I don't know how to get Mkt.ret- bogey In a particular year, Razorback Mutual Fund earned a return of 1% by making the followinginvestments in asset classes:WeightBonds 20%Stocks 80%Return5%0%The return on a bogey portfolio was 2%, calculated from the following information.ReturnBonds (Lehman Brothers Index)Stocks (S&P 500 Index)Weight50%50%5%-1% 59. The contribution of asset allocation across markets to the Razorback Fund's total excessreturn wasA. -1.80%B. -1.00%C. 0.80%D. 1.00%E. None of these is correctSee table below.Mkt. Act. Wt.Equity 0.8Bond 0.2Bench. Wt. Xs Wt. Mkt. Ret. -Bogey Contrib.0.50.3-3%-0.9%0.5-0.9%-0.33%-1.80%

A mutual fund is a money management fund. This fun operates by experts of professionals in the…

59. The contribution of asset allocation across markets to the Razorback Fund's total excess return was A.-1.80% B. -1.00% C. 0.80% D. 1.00% E. None of these is correct See table below. Mkt. Act. Wt. Bench. Wt. Xs Wt. Mkt. Ret. -Bogey Contrib. Equity 0.8 0.5 0.3 -3% -0.9% Bond 0.2 0.5 -0.3 3% -0.9% -1.80%