Assignment 3 contains two problems, each from Chapter 24, and 28 respectively. You should provide detailed solutions. Just providing a number as answer to a problem will not earn you any point even though that number is correct. If you write your solutions step by step with details (such as from the equations used until obtaining the final number), even if your final answer is not correct, you would get some points if some of your prior steps are correct. Your completed HW3 should be saved and submitted as a word document (submission in other format will not be accepted), the filename should begin as HW3, then your last name and first letter of your first name. For example, if Betty Jones is submitting her answer to HW3, she should save the file in word document format and name it as HWSJonesB. 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 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. a. What was the manager's returning month? What her over-performance or under-performance? (10 points, Round your answer to 2 decimal places.) b. What was contribution of security selection to relative performance? (5 points, Round your answer to 2 decimal places.) c. What was the contribution of asset allocation to relative performance? (5 points, Round your answer to 2 decimal places.)