Consider the annual returns produced by two different active equity portfolio Managers (A and B) as well as those to the stock index with which they are both compared Period Manager A Manager Index 1 13.29 133 11.64 2 -3.8 -2.5 3 15.6 123 18.0 4 0.5 2.5 -0,9 5 -6.9 -60 -3.6 6 24.0 24.3 21.6 7 - 10.4 -11.9 -129 0 5.1 5.9 9 4.1 2.4 10 19.5 18.2 19.5 a. Did the manager outperform the index, based on the average annual return different that he or she produced relative to the benchmar? Use a sign to enter negative values, If any. Do not round intermediate calculations. Round your answers to two decimal places Manager A 5.0 2.7 Manager : MA's average return is less than the index and Managers average exceeded that of the index. b. Calculate the tracking error for each manager relative to the index, which manager did a better job of limiting his or her client's unsystematic risk exposure? Do not round intermediate calculations. Round your answers to two decimal places Manager A: Manager : standard Manager Adid the better job of liming the client's exposure to unsystematic risk as the difference between manager's returns and those of the index has a