Meryl Janicky, a Mutual Fund Manager, Is Evaluating the Recent

question 47

Multiple Choice

Meryl Janicky, a mutual fund manager, is evaluating the recent performance of the shares of Thames Boats International, a publicly traded company in Great Britain. Ms Janicky's firm has $200,000 invested in Thames Boats and she has gathered the information presented in the following table. What was the return on the security in dollars?

• A) 7.47%
• B) 10.50%
• C) 12.07%
• D) 16.66%

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Definitions:

Business Cycle

The natural fluctuation of the economy between periods of expansion (growth) and contraction (recession), often influenced by government policy.

Macroeconomic Policy

involves government actions aimed at influencing the overall economic performance of a country, including policies on inflation, unemployment, and economic growth.

Personal Responsibility

The idea that individuals are responsible for their own actions and decisions, and must accept the consequences that come with them.

Work Opportunity Act

Legislation aimed at increasing job opportunities and ensuring workforce development by providing funding and support for employment training and education programs.