In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes:

	Weight	Return
Bonds	10	%	6	%
Stocks	90	%	16	%

The return on a bogey portfolio was 10%, calculated as follows:

	Weight	Return
Bonds (Lehman Brothers Index)	50	%	5	%
Stocks (S&P 500 Index)	50	%	15	%

The contribution of asset allocation across markets to the total excess return was

A) 1%. B) 3%. C) 4%. D) 5%. E) 6%