Question: Question 2 (1 point) A money manager generates a return of 12% when the benchmark returns 10%. The manager's asset allocation decisions underperform by 25

 Question 2 (1 point) A money manager generates a return of

Question 2 (1 point) A money manager generates a return of 12% when the benchmark returns 10%. The manager's asset allocation decisions underperform by 25 basis points. Which is most accurate? Security selection decisions outperform by 225 basis points. Asset allocation decisions helped the manager outperform the benchmark. The manager outperforms the benchmark by 225 basis points. The manager excelled in both asset allocation and security selection decisions

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