Exhibit 25 -Refer to Exhibit 25

question 40

Multiple Choice

Exhibit 25.1
Use the Information Below for the Following Problem(S)
The portfolios identified below are being considered for investment. During the period under consideration Rf = .03.
$$\begin{array} { c c c c } \text { Partfolid } & \text { Return } & \text { Beta } & \text { σ } \\\hline \text { A } & 0.16 & 1 . 0 & 0.15 \\B & 0.22 & 1.5 & 0.10 \\\text { C } & 0.11 & 0.6 & 0.08 \\D & 0.18 & 1.1 & 0.12\end{array}$$
-Refer to Exhibit 25.1.Using the Sharpe Measure,which portfolio performed best?

• A) A
• B) B
• C) C
• D) D
• E) Two portfolios are tied

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