In a particular year, Razorback Mutual Fund earned a return of 1% by making the following investments in asset classes: The return on a bogey portfolio was 2%, calculated from the following information.
The total excess return on the Razorback Fund's managed portfolio was
A)-1.80%.
B)-1.00%.
C)0.80%.
D)1.00%.

Question

In a particular year, Razorback Mutual Fund earned a return of 1% by making the following investments in asset classes:  The return on a bogey portfolio was 2%, calculated from the following information.
 The total excess return on the Razorback Fund's managed portfolio was
A)-1.80%. 
B)-1.00%. 
C)0.80%. 
D)1.00%.

Quizplus · Accepted Answer

The Answer of In a particular year, Razorback Mutual Fund earned a return of 1% by making the following investments in asset classes:  The return on a bogey portfolio was 2%, calculated from the following information.
 The total excess return on the Razorback Fund's managed portfolio was
A)-1.80%. 
B)-1.00%. 
C)0.80%. 
D)1.00%.

In a Particular Year, Razorback Mutual Fund Earned a Return