Which of the Following Correctly Completes This Sentence: When Calculating

question 37

Multiple Choice

Which of the following correctly completes this sentence: When calculating your return on investment you should ignore _____________.

• A) paper gains which you could have obtained by cashing out
• B) losses you avoided by not buying a stock that has since decreased in price
• C) dividends that have been declared on the stock you own if you have not yet received the dividend
• D) paper capital losses that occur
• E) fees you are charged in the process of purchasing the asset in question

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Definitions:

Retainer

An advance payment made by a client to a law firm to cover part of the legal fees and/or costs that will be incurred on that client’s behalf.

Keeping Clients Informed

The responsibility of lawyers to regularly update and communicate with their clients about the status and developments in their legal matters.

Billing Statements

Documents issued by a creditor to a debtor detailing the transactions, payments, and outstanding balance for a specified period.

Phone Calls

Voice communications made over a distance using telephones or mobile devices.