Exhibit 25 -Refer to Exhibit 25

question 42

Multiple Choice

Exhibit 25.3
Use the Information Below for the Following Problem(S)
Consider the data presented below on three mutual funds and the market.
$$\begin{array} { l l c c c } \text { Fund } & \text { Beta } & \text { Devintion (\%) } & \text { Return (\%) } & \text { R } _ { ( } ( \% ) \\\hline \text { AAA } & 0.75 & 7.0 & 14 & 3 \\\text { BBB } & 1.05 & 5.0 & 18 & 3 \\\text { CCC } & 0.89 & 8.0 & 20 & 3 \\\text { Market } & 1.00 & 8.0 & 12 & 3\end{array}$$
-Refer to Exhibit 25.3.Compute the Sharpe Measure for the AAA fund.

• A) 4.49
• B) 2.74
• C) 1.57
• D) 1.70
• E) 1.27

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Definitions:

Low Power Distance

A societal or organizational characteristic where individuals are considered relatively equal and hierarchy is downplayed, promoting open communication and collaboration.

Workforce Reduction

A strategic decision by an organization to decrease its number of employees to improve efficiency or reduce costs.

Laying Off

The temporary suspension or permanent termination of employment of an employee or group of employees for business reasons, such as economic downturns or organizational restructuring.

Peak Needs

Times when an organization requires additional resources or personnel to handle high volumes of work or special projects.