Exhibit 25 -Refer to Exhibit 25

question 14

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.According to the Treynor Measure,which portfolio performed best?

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

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Definitions:

Complex Rules

Set of guidelines or principles that are intricate and detailed, often requiring careful study or expertise to understand fully.

Guards Discretion

Guards discretion refers to the latitude or authority given to security personnel or prison officers to make judgment calls in various situations.

Ethical Problems

Issues or situations that require individuals or societies to choose between actions that are evaluated as right or wrong based on moral principles.

Prison Gang Members

Individuals who are part of organized groups within prisons, often associated with criminal activities and power dynamics.