Question 33 5 pts Calculate the portfolio manager's allocation effect, given the manager's weights are 66.6% in equity, 19% in bonds, and remainder is in cash. The benchmark is 60% equity, 30% bonds, and 10% cash. The returns for the portfolio are 4.2% in equity, 7.2% in bonds, and 1.01% in cash. The benchmark returns are 8%, 3%, and 0.2%, respectively. (Answer to 2 decimal places in percent, so 2.42 for 2.42%). Question 34 5 pts Calculate the portfolio manager's selection effect, given the manager's weights are 72.6% in equity. 24.8% in bonds, and remainder is in cash. The benchmark is 60% equity, 30% bonds, and 10% cash. The returns for the portfolio are 7.7% in equity, 3.7% in bonds, and 0.2% in cash. The benchmark returns are 7%, 4%, and 0.62%, respectively. (Answer to 2 decimal places in percent, so 2.42 for 2.42%)