5. (12 points) Consider the following information regarding the performance of a money manager in a recent month. The table presents 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 indexes in column (4). (1) (2) (3) (4) Index Actual Actual Benchmark Return Weight Weight Return 5.0% 0.70 0.75 3.0% Equity Bonds Cash -1.0% 0.15 0.20 1.0% 0.5% 0.15 0.05 0.5% A. What is the manager's portfolio return? What is the benchmark portfolio return? Did the money manager over or under-perform relative to the benchmark in the month? B. What was the contribution of security selection to the manager's over- or under- performance relative to benchmark in the month? C. What was the contribution of asset allocation to the manager's over- or under- performance relative to benchmark in the month