7. (15 pts) Consider the following information regarding the performance of a portfolio manager in a recent year. Equity/Common Stock Bonds Cash Actual Return on Benchmark Return Portfolio Weight Benchmark Weight the Portfolio 10% 11.5% 0.60 0.625 6% 3.5% 6.3% 3.25% 0.30 0.225 0.10 0.15 7.A Calculate the manager's portfolio return in the year? 7B. Calculate the contribution of the portfolio manager in security selection; Selectivity. 7C. Calculate the contribution of the portfolio manager in asset allocation. 7D. Confirm the sum of selection and allocation contributions equals the total excess return relative to the benchmark.