Choose the Best Estimate from the List $3 \frac { 11 } { 32 } + 10 \frac { 21 } { 62 }$

question 78

Multiple Choice

Choose the best estimate from the list.
- $3 \frac { 11 } { 32 } + 10 \frac { 21 } { 62 }$ is approximately $13,13 \frac { 1 } { 3 } , 13 \frac { 2 } { 3 } , 14$ .

• A) 14
• B) \(13 \frac { 2 } { 3 }\)
• C) \(13 \frac { 1 } { 3 }\)
• D) 13

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Definitions:

Standard Deviation

A statistical measure of the dispersion of returns for a given security or market index.

Risk Premium

Risk premium is the additional return an investor demands for holding a risky asset over a risk-free asset, compensating for the higher uncertainty.

Risk Premium

The extra return demanded by investors for taking on additional risk above the risk-free rate of return.

Asset Return

The income that an asset produces for its investor, measured as a percentage of the asset's purchase price.