What Is the Return on a Portfolio If the Portfolio

question 23

Multiple Choice

What is the return on a portfolio if the portfolio market value at the beginning of the interval is $1,250, the portfolio market value at the end of the interval is $1,385, and the cash distributions to the investor during the interval is $55.52?

• A) 15.12%
• B) 15.24%
• C) 15.36%
• D) 15.48%

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Definitions:

Goods and Services

The physical items (goods) and actions or activities (services) that people produce and consume to satisfy their needs and wants.

Willing and Able

Refers to a consumer's readiness and capacity to purchase goods or services at a given price level.

Market System

An economic system in which economic decisions and the pricing of goods and services are guided by the interactions of citizens and businesses.

Goods and Services

The output produced by an economy, including tangible products (goods) and intangible activities (services) that fulfill the needs or wants of consumers.