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 total excess return on the Aggie managed portfolio was
A)1%.
B)3%.
C)4%.
D)5%.

Question

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 total excess return on the Aggie managed portfolio was
A)1%. 
B)3%. 
C)4%. 
D)5%.

Quizplus · Accepted Answer

15% - 10% = 5%.

In a Particular Year, Aggie Mutual Fund Earned a Return