Your Total Return on an Investment Was -12% Over an Eight-Year

question 26

Multiple Choice

Your total return on an investment was -12% over an eight-year holding period. What was your annualized rate of return, rounded to the nearest tenth of a percent?

• A)-1.6%
• B)-9.84%
• C)-0.98%
• D)-1.5%

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Definitions:

Labor Unions

Organizations formed by workers in various sectors to protect and advance their rights, wages, benefits, and working conditions through collective bargaining.

Generation X

The demographic cohort following the Baby Boomers, typically defined as individuals born between the early-to-mid 1960s and the late 1970s to early 1980s.

Baby Boomers

Refers to the generation born approximately between 1946 and 1964, experiencing significant population growth following World War II.

Wagner Act

A foundational piece of U.S. labor law enacted in 1935 that protects workers' rights to form unions and engage in collective bargaining.