Sharif's Portfolio Generated Returns of 12 Percent, 15 Percent, −15

question 46

Multiple Choice

Sharif's portfolio generated returns of 12 percent, 15 percent, −15 percent, 19 percent, and −12 percent over five years. What was his average return over this period?

• A) 19 percent
• B) 3.8 percent
• C) 17 percent
• D) 2.1 percent

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Definitions:

Sleeper Effect

A delayed impact of a message that occurs when an initially discounted message becomes effective, as we forget its source or its context.

Trustworthy

describes a person or entity that can be relied on as honest or truthful.

One-sided Messages

Persuasive messages that present only one perspective or aspect of an argument, often used when the audience is already in agreement or unaware of opposing viewpoints.

Less-educated People

Individuals who have received minimal formal education or possess lower educational qualifications.