Exhibit 25 -Refer to Exhibit 25

question 52

Multiple Choice

Exhibit 25.11
Use the Information Below for the Following Problem(S)
The last year's performance for four mutual funds is presented below. The market return was 10.70%, last year with a standard deviation of 13.1% and the risk-free rate of return was 5%.
$\begin{array}{l}\quad\quad\quad\quad\quad\quad\quad\quad\text { Standard }\\\begin{array}{cccc}\text { Fund } & \text { Beta } & \text { Deviation }(\%) & \text { Retwun }(\%) \\\hline \mathrm{A} & 1.50 & 18.95 & 12.5 \\\mathrm{~B} & 1.20 & 12.41 & 13.0 \\\text { C } & 0.90 & 9.30 & 11.2 \\\mathrm{D} & 050 & 810 & 95\end{array}\end{array}$
-Refer to Exhibit 25.11.Compute the Sharpe Measure for the A fund.

• A) 0.012
• B) 0.040
• C) 0.069
• D) 0.396
• E) 1.142

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Definitions:

Workers

Individuals engaged in some form of employment, contributing labor or expertise in exchange for compensation.

Expectancy Theory

A motivational theory suggesting that individuals decide how to behave based on their expectations that the effort will lead to a certain outcome and the value of that outcome to them.

Research Follow-up

The process of collecting additional information or data after an initial investigation to clarify results or answer new questions.

Practical

Focused on or concerned with the actual doing or use of something rather than with theory and ideas.