Exhibit 25 -Refer to Exhibit 25

question 38

Multiple Choice

Exhibit 25.2
Use the Information Below for the Following Problem(S)
The portfolios identified below are being considered for investment. Assume that during the period under consideration Rf = .04.
$$\begin{array} { c c c c } \text { Partilio } & \text { Return } & \text { Beta } & \text { σ } \\\hline W & 0.18 & 1.8 & 0.06 \\\mathbf { X } & 0.21 & 0.9 & 0.10 \\\mathbf { Y } & 0.13 & 0.7 & 0.03 \\Z & 0.16 & 1.5 & 0.07\end{array}$$
-Refer to Exhibit 25.2.According to the Treynor Measure,which portfolio performed best?

• A) W
• B) X
• C) Y
• D) Z
• E) Two portfolios are tied

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Definitions:

Alpha Decay

The radioactive decay process in which an unstable atom fissions, releasing a positively charged particle with two protons and two neutrons.

Radioactive Decay

The method through which an unstable atomic nucleus releases energy through the emission of radiation.

Confining Pressure

The type of pressure that results when the force imposed on a rock is the same amount from all directions.

Lattice Vibration

The collective oscillations of atoms in a crystalline solid, contributing to the material's thermal and electrical properties.