At the Beginning of the Month, You Owned $8,000 of Company

question 67

Multiple Choice

At the beginning of the month, you owned $8,000 of Company G, $8,000 of Company S, and $3,000 of Company N. The monthly returns for Company G, Company S, and Company N were 7.80 percent, 1.50 percent, and −0.75 percent. What is your portfolio return?

• A) 2.85 percent
• B) 3.80 percent
• C) 4.03 percent
• D) 8.55 percent

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Definitions:

Cultural Deficit Model

The belief that cultural values, as transmitted through the family, are dysfunctional and the cause of poverty and lack of education.

Generational Poverty

Being in poverty for at least two generations.

Misconception

A belief or idea that is incorrect based on a misunderstanding of facts or concepts.

Low-Income Parents

Refer to parents or guardians with financial earnings below a certain threshold, affecting their ability to meet standard living conditions.