What Was the Average Annual Rate of Return on Long-Term

question 33

Multiple Choice

What was the average annual rate of return on long-term government bonds (30-year Treasury bonds) during the period 1990 to 2014?

• A) 4.14%
• B) 5.88%
• C) 5.49%
• D) 7.82%

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Definitions:

Exchange Rates

The price of one currency in terms of another for conversion purposes.

Canadian Dollars

The official currency of Canada, often symbolized as CAD, which is used for all financial transactions within the country.

Accounts Receivable

Accounts receivable is the money owed to a business by its clients or customers for goods or services that have been delivered or used but not yet paid for.

Canadian Dollars

The official currency of Canada, abbreviated as CAD, used for all transactions within the country.