Exhibit 25 -Refer to Exhibit 25

question 57

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.
$$\begin{array} { l c c c c } \text { Fund } & \text { Beta } & \text { Devintion (\%) } & \text { Return (\%) } & \text { R } _ { ( } ( \% ) \\\hline \text { XOX } & 1.07 & 5.13 & 19 & 6 \\\text { YYY } & 1.02 & 4.28 & 17 & 6 \\\text { ZZZ } & 0.86 & 3.52 & 12 & 6\end{array}$$
-Refer to Exhibit 25.5.Compute the Jensen Measure for the YYY fund.

• A) 6.98
• B) 2.35
• C) 2.53
• D) 3.86
• E) 1.72

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Definitions:

Currency Exchange Rates

The exchange rate that determines how much of one currency is equivalent to another.

Functional Currency

The currency of the primary economic environment in which an entity operates, usually determining the currency of record for financial reporting.

Account Balances

The total amounts in financial accounts, reflecting the sum of all transactions like deposits and withdrawals, at any given time.

Exchange Rates

The valuation of one currency in terms of its equivalent in another currency.