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Exhibit 25 -Refer to Exhibit 25

question 100

Multiple Choice

Exhibit 25.5
Use the Information Below for the Following Problem(S)
The data presented below has been collected at this point in time.
 Fund  Beta  Devintion (%)   Return (%)   R ((%)  XOX 1.075.13196 YYY 1.024.28176 ZZZ 0.863.52126\begin{array} { l c c c c } \text { Fund } & \text { Beta } & \text { Devintion (\%) } & \text { Return (\%) } & \text { R } _ { ( } ( \% ) \\\hline \text { XOX } & 1.07 & 5.13 & 19 & 6 \\\text { YYY } & 1.02 & 4.28 & 17 & 6 \\\text { ZZZ } & 0.86 & 3.52 & 12 & 6\end{array}
-Refer to Exhibit 25.5.Compute the Sharpe Measure for the XXX fund.


Definitions:

Underdeveloped Countries

Nations characterized by low levels of income, industrialization, and general standards of living often accompanied by high rates of poverty.

Improved Technology

Advances in scientific knowledge and techniques that enhance the efficiency of production processes, leading to higher output with the same or fewer inputs.

Cerumen

A technical term for earwax, a substance produced by glands in the ear canal that protects the ears from dust, microorganisms, and other foreign particles.

Eardrum

A thin membrane that separates the outer ear from the middle ear, vibrating in response to sound waves.

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