A Mutual Fund Reported the Following Quarterly Returns: 2%, -5

question 49

Multiple Choice

A mutual fund reported the following quarterly returns: 2%, -5%, 4%, 1%. To the nearest tenth of a percent, this represents an annual return of

• A)3.0%.
• B)1.8%.
• C)2.0%.
• D)1.2%.

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Definitions:

War on Drugs

The War on Drugs is a government-led initiative aimed at stopping the illegal drug trade, reducing drug addiction and abuse, and enforcing drug prohibition laws.

Substance Abuse

The misuse of drugs or alcohol that leads to clinical impairment or distress.

DiClemente and Prochaska Model

A model describing a five-stage process of change for individuals overcoming addictive behaviors and other negative habits.

Precontemplation

A stage in the behavior change process where the individual is not yet considering change or is unaware of the need for change.