Whất was her overperformance or underperformance? (Do not round intermediate calculations. Input zive values. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. derperformed by 6.50 What was the contribution of security selection to relative performance? (Do not round intermediate calcul pund your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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a-2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as
positive values. Round your answer to 2 decimal places.)
Answer is complete but not entirely correct.
Underperformed by
%
6.50
b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations.
Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)
Answer is complete but not entirely correct.
Contribution of security selection
(0.16) O %
Transcribed Image Text:a-2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Underperformed by % 6.50 b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Answer is complete but not entirely correct. Contribution of security selection (0.16) O %
Problem 24-11
Consider the following Information regarding the performance of a money manager in a recent month. The table represents 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 the returns of sector indices in column 4.
Index Return
3.2 (SAP 500)
1.9 (Barclay's Aggregate)
Actual Heturn Actual Meight
Benchmark Weight
Lquity
Bonds
Cash
2.7
1.7
0.6
0.5
0.4
0.4
0.3
0.3
0.1
0.7 (T-Billa)
a-1. What was the manager's return in the month? (Do not round Intermediate calculations. Input all amounts as positive values.
Round your answer to 2 decimal places.)
The manager's retum in the month is
2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive
values. Round your answer to 2 decimal places.)
Transcribed Image Text:Problem 24-11 Consider the following Information regarding the performance of a money manager in a recent month. The table represents 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 the returns of sector indices in column 4. Index Return 3.2 (SAP 500) 1.9 (Barclay's Aggregate) Actual Heturn Actual Meight Benchmark Weight Lquity Bonds Cash 2.7 1.7 0.6 0.5 0.4 0.4 0.3 0.3 0.1 0.7 (T-Billa) a-1. What was the manager's return in the month? (Do not round Intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) The manager's retum in the month is 2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)
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