Exhibit 25 -What Is the Sharpe Measure for the S&P 500 Over

question 76

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.
$$\begin{array} { l c c c c } \text { Fund } & \text { Beta } & \text { Devintion (\%) } & \text { Return (\%) } & \text { R } _ { ( } ( \% ) \\\hline \text { XOX } & 1.07 & 5.13 & 19 & 6 \\\text { YYY } & 1.02 & 4.28 & 17 & 6 \\\text { ZZZ } & 0.86 & 3.52 & 12 & 6\end{array}$$
-What is the Sharpe measure for the S&P 500 over the last ten years if the standard deviation was 8% and the return was 14%?

• A) 1.55
• B) 1.69
• C) 1.75
• D) 1.99
• E) 2.09

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