What Has Been the Approximate Long-Run (90 or So Years)average

question 66

Multiple Choice

What has been the approximate long-run (90 or so years) average annual rate of return on publicly traded small-company stocks?

• A)10%
• B)17%
• C)25%
• D)30%

---

Definitions:

Certify

To officially acknowledge or attest to the truth, accuracy, or authenticity of something through documentation.

Dishonored

A term used to describe a financial instrument, like a cheque or promissory note, that has been presented for payment but was refused.

Insufficient Funds

A situation where one's bank account does not have enough money to cover transactions.

Negotiable Note

A financial instrument guaranteeing payment of a specific amount, which can be transferred among parties.