An Asset Had Annual Returns of 12, 18, 6, −9

question 72

Multiple Choice

An asset had annual returns of 12, 18, 6, −9, and 5 percent, respectively, for the last five years. What is the variance of these returns?

• A).00810
• B).01013
• C).01065
• D).02038
• E).04052

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Definitions:

Privatization

The process of transferring ownership of a business, enterprise, agency, public service, or public property from the government to private individuals or organizations.

International Businesses

Companies that conduct commerce across national borders, engaging in international trade or investment.

Privatization

The transfer of ownership and management of enterprises from the public sector (government) to private individuals or organizations.

Command Economy

An economic system where the government has primary control over the production and distribution of goods and services.