Exhibit 25.10 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 48

Multiple Choice

Exhibit 25.10
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider the following information for a portfolio manager:

-A portfolio manager has the following sequence of cash flows over a two year period: Calculate the portfolio manager's dollar weighted return.

• A)13.56%
• B)11.48%
• C)15.50%
• D)8.75%
• E)10.67%

---

Definitions:

Voluntary Behavior

Actions that are performed willingly and without coercion, often reflecting personal choice and control.

Operant Behavior

A type of behavior that is influenced by the consequences that follow it, with rewards typically increasing the frequency of the behavior and punishments decreasing it.

Consequences

The outcomes or effects that result from actions or conditions.

Studies

Refers to the pursuit of knowledge, as in academic or scientific research, or the act of examining a subject in detail.