Exhibit 25 -Refer to Exhibit 25

question 1

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 Treynor Measure for the ZZZ fund.

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

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Definitions:

Gluteus Medius

A muscle located on the outer surface of the hip, crucial for stabilizing the pelvis and facilitating leg movement.

Biceps Brachii

A muscle located in the upper arm responsible for bending the elbow and rotating the forearm.

External Oblique

A muscle located in the outer layer of the abdomen, responsible for rotating and flexing the trunk of the body.

Antagonist

A substance that acts against and blocks an action by attaching to and inhibiting the function of a receptor.