Use the Table for the Question(s)below

question 15

Multiple Choice

Use the table for the question(s) below.
Consider the following average annual returns:
-What is the excess return for the portfolio of small stocks?

• A)10.0%
• B)15.7%
• C)18.4%
• D)17.0%

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Definitions:

William Howard Taft

The 27th President of the United States (1909-1913) known for his conservative policies; later served as the 10th Chief Justice of the United States, making him the only person to have held both offices.

Theodore Roosevelt

The 26th President of the United States, known for his progressive policies, leadership of the Rough Riders, and role in negotiating the end of the Russo-Japanese War.

Republican Party

A major political party in the United States, also known as the GOP (Grand Old Party), with a conservative ideology focusing on limited government, free markets, and traditional values.

New Freedom

A term used to describe the domestic policy agenda of U.S. President Woodrow Wilson, which aimed at achieving economic reform by dismantling monopolies and restoring competition in the marketplace.