Stock X and the "Market" Have Had the Following Rates

question 38

Multiple Choice

Stock X and the "market" have had the following rates of returns over the past four years.
$$\begin{array} { c r r } \text { Year } & \text { Stock X } & \text { Market } \\\hline 1 & 12.00 \% & 14.00 \% \\2 & 5.00 \% & 2.00 \% \\3 & 11.00 \% & 14.00 \% \\4 & - 7.00 \% & - 3.00 \%\end{array}$$

• A) 1.72
• B) 1.91
• C) 2.10
• D) 2.31
• E) 2.54

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Definitions:

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